
Understanding the 18% GST on Apartment Maintenance Charges
The Indian government has clarified the applicability of Goods and Services Tax (GST) on maintenance charges collected by Resident Welfare Associations (RWAs) or real estate builders. As per the new guidelines, an 18% GST on apartment maintenance will now be applied on charges exceeding INR 7,500 per month per apartment or if the annual turnover for the same surpasses INR 20 lakhs. Key Provisions GST Applicability Thresholds Maintenance charges up