India: Reimbursed discount or rebate subject to GST; maintenance fees received by housing cooperative subject to GST

Reports about recent goods and services tax (GST) developments in India

Reports about recent goods and services tax (GST) developments in India

The KPMG member firm in India has prepared reports about the following goods and services tax (GST) developments.

  • GST on reimbursement of discount: The Appellate Authority for Advance Ruling (AAAR), Kerala concluded that the amount of an additional discount or rebate (reimbursed by the supplier to the distributor) is to be added to the amount of consideration payable by the distributor’s customer and thus is subject to GST. Read a July 2021 report [PDF 331 KB]

  • Maintenance fees housing cooperative received from members, GST implications: The Maharashtra Authority for Advance Ruling (AAR) concluded that the “applicant” cooperative housing society and its members are distinct persons and that the amounts received by the cooperative for maintenance fees from its members are consideration received for the supply of goods or services and therefore subject to GST. Read a July 2021 report [PDF 331 KB]

 

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