GST is exempt for small RWA’s Services, can avail Input Tax Credit

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According to the notification dated 13th July 2017, if members contribution is not more than Rs 5,000 a month, they are exempt from GST.

Besides that, if member contribution is more than Rs. 5000 per month but RWA’s annual turnover is up to Rs 20 lakh then also they are exempt from GST.

Now RWA’s will also get benefit from Input Tax Credit from GST they have collected from their monthly contributors.

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