One on going Real Estate Project who have opted for old scheme Whether ITC has to be reversed for exempted supply (i.e. sold after Completion Certificate) or Promoter has to pay tax under RCM after the period 01.04.2019??
Also if reversal takes place it is on the basis of valuation or area ratio??
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Real estate in gst rcm
Replies (2)
Real estate has no.old scheme or new scheme.
Ok thank you
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