Common Maintenance Fund Collected from Members is Liable to GST at the Time of Actual Supply of Service [Read Judgement]

Case: The Capital Commercial Co-op. (Service) Society Limited

Question-1: Whether applicant is liable to pay GST on the common maintenance fund/ deposit collected from their members?

Answer: Answered in affirmative.

Question-2: If Yes, then, what shall be considered as the time of supply for such transaction?

Answer: The amounts so utilized for provision of service are liable to tax at the time of actual supply of service.

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