Appeal to GST Council- Exempt Cooperative Housing Society from 18%GST
We request you to kindly exempt Cooperative Housing Society from 18% GST in the next meeting scheduled on 10/01/2019. The justification is as under:
1. There was no service tax on members contribution towards common expenses in a cooperative housing society. Service tax is now included in GST.
2. Cooperative housing society is formed for the convenience of members and is managed by members on voluntary basis without any remuneration.
3. Members contribution towards common expenses is made from their tax paid income. Therefore 18%GST on members contribution is double taxation.
4. Cooperative housing society is not a business entity.
5. Registration for GST is resulting in extra expenses for cooperative housing society having total contribution of more than 20 lakh rupees per year.
6. After registration compliance through filing of numerous Returns is causing avoidable harassment to members of cooperative housing societies.
7. Contribution from members is received for property tax, water tax, common Electricity charges, security, housekeeping etc.
8. Society acts as an agent for paying property tax to municipal corporation, electricity charges to power utility.
9. Partial exemption from GST is given for 7500 rupees contribution per month per member. Therefore total GST amount collected may not be substantial to justify subjecting Cooperative Housing Society with associated paperwork and account keeping.
Therefore we request you to kindly exempt Cooperative Housing Society from 18% GST in your next meeting. more