GST Payable on Corpus Fund Collected by Apartment Associations | Biz Flow Kit
AAR: GST Payable on Corpus Fund Collected by Apartment Associations The Liberty Square Apartment Owners Association, a resident welfare body registered under the Karnataka Apartment Ownership Act, 1972, collects monthly maintenance charges from residents for routine expenses such as staff salaries, common area upkeep, and utilities. In addition to these charges, the association also collects…
