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Home / Finance / Taxes / Is gst applicable on maintenance charge collect by company
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Is gst applicable on maintenance charge collect by company

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0 2021-07-16T12:59:52+00:00

Many people are confused and ask on online and offline channels ‘Is GST applicable on maintenance charges by builder.’ Whenever a new building is constructed for residential purposes, either RWA or housing societies collect the maintenance charges or if the association hasn’t been formed yet, then the builder maintains the premises and collects annual maintenance charges. GST charges are applicable on maintenance charges.

GST charges on maintenance is at 18% rate. There are no exemptions on GST in case the maintenance is being paid to the builder.

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