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Large resident welfare associations may have to pay GST retrospectively February 22, 2021 Experts are divided over the impact of this new provision - HunterBliss× Experts divided over the interpretation Large resident welfare associations (RWAs) may have to face GST liability retrospectively subject to certain conditions. One particular provision related to the amendment to the CGST law in the Finance Bill with effect from July 1, 2017 intends to ensure levy of tax on activities or transactions involving supply of goods or services by any person, other than an individual, to its members or constituents or vice-versa, for cash, deferred payment or other valuable consideration. ....