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Update: With the implementation of GST, VAT is no longer charged on Builder and Developers. The GST Rate for Builders and Developers is fixed at1%/5% when opted for Ongoing Project, and at 8% where existing project is continued with ITC. To read all the FAQs on GST for the real estate sector,click
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About the Author

Practising Chartered Accountant

I am CA. Krunal. J. Davda (B. COM, ACA) an associate member of the ICAI from 02/06/2010. I amprincipally engaged in the affairs of Direct Indirect Taxation and Auditing Assurance matters. I have addressed various seminars study circle meetings conducted by various Associations CPE study circles. I have also contri ... Read more


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