Showing posts with label Co-operative Housing Society. Show all posts
Showing posts with label Co-operative Housing Society. Show all posts

GST @18% applicable on CHS w.e.f 1st July 2017

Truth is here, the change is inevitable, so better embrace it rather than complaining.


Goods and Services Tax (GST) is one major reshuffle in the Indirect Tax Structure being implemented on the entire nation, which eliminates multiple tax entities and consolidates all of them into a single tax entity. A lot of discussions are floating across various forums about whether or not CHS would fall under the purview of GST, the reality is it does.
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Major Reforms in Co-operative Sector in Maharashtra for fulfilling the objectives of the National Policy by Adv. R. P. Rathod.


The State Cabinet on Dt. 30th January 2013 approved several reforms in the Co-operative Sector but diluted it to suit the present system. All States in India are required to implement by February 14th the 97th Constitutional amendment of 2012 mandated by the Centre in the Co-operative Sector. Adv. R. P. Rathod states that “It is expected that these new amendments would come into force latest by February 16, once an ordinance is promulgated after the cabinet passes the minutes of the meeting and it gets notified in the Official Gazette.”

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Societies cannot refuse membership to those who are eligible



Adv. R. P. Rathod., throws light on the Laws and Procedures that govern transfers of Flat.

Transfer of membership in a society is common enough, but many times it gets entangled in disputes sometimes because the concerned parties have not completed the formalities, and at other times because of wrong interpretations of the laws and procedures says Adv. R. P. Rathod.

        Section 22 of the Maharashtra Co-operative Societies Act, 1960 lists the categories of persons who can be members of a society.

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Now Poll booths in your Society, will this increase voter turnout, only time will tell – Co-operative Guru


BMC sings CHS “Thodi si voting ki Lift kara de”.


BMC is approaching large Societies and Complexes to allow them to set up polling booths within their compounds for the February 16 Civic Elections. The BMC states that so far 22 housing complexes have agreed, to set up polling booths within their compounds. After hearing this news more such societies and complexes have appreciated and welcomed this move & the BMC hopes that more such Buildings & complexes will offer Space by the Weekend.

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Significance & Formation of Co-operative Housing Societies



Housing Societies function as small communities, organising social and economic activities for members and affording them opportunities including higher social values.


"Housing Societies" means a Society, the object of which is to provide its members with open plots for housing, dwelling houses or flats; or if open plots, the dwelling houses or flats are already acquired, to provide its members common amenities and services."

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