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GST applicable on voluntary payments made by members to housing societies, says AAR

AAR said that the money received by the society was for the supply of services. GST has a concept called “supply of services,” which is used to figure out if a transaction is taxable or not. The AAR cited parts of the Model Bye Laws that say the society can’t accept a payment from a transferor or transferee that was made on their own.

Source economictimes

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