The Service Accounting Code (SAC) to be used for Maintenance Charges (or CAM Charges) collected from Members is 00440245 (Maintenance and Repair Services).

HSN is short form for Harmonized System of Nomenclature – a mechanism to uniquely classify and number supplies across the world in a systematic and logical manner. Internationally it is

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While GST simplifies the tax structures, it increases the compliance burden significantly on all entities. There are minimum of 37 returns that a Housing Society coming under GST purview need

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If your Housing Society is coming under the purview of http://www.gst.gov.in/GST,  we strongly recommend you to contact your society’s auditor to take next steps in registering for GST. You can

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If your Housing Society is coming under the purview of GST,  following are the GST charges to be levied on rentals for Accommodation in Guest House (meant for residential or

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Even if your society is coming under the purview of GST,  following exemptions are available for the Society from GST. GST need not be charged under the following circumstances: Renting

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Even if your Housing Society is coming under the purview of GST,  following exemptions are available for the Society from GST. GST need not be charged under following circumstances: Renting

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If your Housing Society is coming under the purview of GST, you need to charge 18% GST on Maintenance Charges (Common Area Maintenance Charges) that you collect from your members.

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[Last updated on 14th July 2017] Co-operative Housing Societies / Apartment Associations / RWAs that meet the following criteria shall come under the purview of GST. 1. Total collections towards

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