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1h agoGST notices put Noida housing societies under financial and legal pressure
Residents of several high rise housing societies in Noida are facing uncertainty after the Uttar Pradesh tax department issued notices seeking GST on maintenance and electricity charges. Over two dozen apartment owners’ associations have been asked to share detailed records of charges collected from residents, with authorities indicating that such amounts may attract 18 percent GST, especially in societies with centralised electricity supply. Office bearers of these associations are also being summoned, raising compliance concerns.
Red94• By Pooja Kumari
Explore:Mutual Fund Themes
neutral
1h agoGST notices put Noida housing societies under financial and legal pressure
Residents of several high rise housing societies in Noida are facing uncertainty after the Uttar Pradesh tax department issued notices seeking GST on maintenance and electricity charges. Over two dozen apartment owners’ associations have been asked to share detailed records of charges collected from residents, with authorities indicating that such amounts may attract 18 percent GST, especially in societies with centralised electricity supply. Office bearers of these associations are also being summoned, raising compliance concerns.
Red94• By Pooja Kumari
Explore:Mutual Fund Themes
1 min read
75 words
Noida housing societies have received GST notices on maintenance and electricity charges, raising concerns over potential tax liabilities, penalties, and accountability for apartment associations.
Residents of several high rise housing societies in Noida are facing uncertainty after the Uttar Pradesh tax department issued notices seeking GST on maintenance and electricity charges. Over two dozen apartment owners’ associations have been asked to share detailed records of charges collected from residents, with authorities indicating that such amounts may attract 18 percent GST, especially in societies with centralised electricity supply. Office bearers of these associations are also being summoned, raising compliance concerns.
Residents of several high rise housing societies in Noida are facing uncertainty after the Uttar Pradesh tax department issued notices seeking GST on maintenance and electricity charges. Over two dozen apartment owners’ associations have been asked to share detailed records of charges collected from residents, with authorities indicating that such amounts may attract 18 percent GST, especially in societies with centralised electricity supply. Office bearers of these associations are also being summoned, raising compliance concerns.
Dec 20, 2025 • 06:45