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

To address the confusion among flat owners, the CBIC clarified that housing societies must pay GST on full maintenance amount if it exceeds ₹7,500 per month.

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 <span class='webrupee'>₹</span>7,500. (Representational Photo)(MINT_PRINT)
Published on Apr 20, 2025 08:12 AM IST

GST dept probing if restaurants escaped taxes on packaging charges: Report

Several eateries on food aggregator platforms like Zomato received summons from the department asking details of GST on packaging charges since Jan 1, 2022.

This comes after the tax office had previously stepped in to recover GST on 'food and delivery' charges(Unsplash)
Published on Apr 14, 2025 01:36 PM IST

Dabur Hajmola an ayurvedic medicine or candy? GST body to review classification

Dabur claimed that Hajmola candy is an ayurvedic medicine and not a “regular sugar-boiled candy”

In the pre-GST regime, Dabur had faced a similar classification challenge where the Supreme Court ruled in its favour, stating that Hajmola candy is an ayurvedic medicine and not a confectionery item.(Mint File)
Updated on Apr 12, 2025 09:21 AM IST

Gujarat man with 12 bank balance asked to explain 36 crore transactions

Jiteshkumar Makwana, an office boy, said he froze when he saw the income Income Tax Department notice asking him to explain ₹36 crore transactions

The man’s Permanent Account Number is believed to have been fraudulently used. (Wikipedia)
Updated on Apr 10, 2025 10:13 AM IST

Uttar Pradesh govt’s tax collections increase by nearly 20,000 crore, GST, VAT top contributors

Overall, the state government collected ₹2,13,287.94 crore taxes in 2024-25 against ₹1,93,329.10 crore in 2023-24.

Uttar Pradesh minister for finance Suresh Khanna said the state government’s collections from excise -- the second highest tax revenue earner -- were <span class='webrupee'>₹</span>52,574.52 crore (90.2% of the target). (FILE PHOTO)
Published on Apr 05, 2025 06:34 AM IST
By, Lucknow
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