GST on housing society maintenance charges explained: Here’s what apartment owners should know

To clear up growing confusion among apartment residents, the Central Board of Indirect Taxes and Customs (CBIC) has clarified that housing societies must pay Goods and Services Tax (GST) on the entire maintenance amount if each member’s monthly contribution exceeds ₹7,500. The clarification was issued after many residents questioned whether GST applies only to the portion above ₹7,500 or the full…