Builder-->gst rate 12% with itc v/s. 5% for new scheme without itc
This query is : Resolved
15 October 2022
builder had filed letter in march 2019 opting for old scheme. is that old 12% scheme applicable for all project or can he opt for new 5% scheme for new project?
i feel its applicable for all projects, but then it sounds unfair, what if he wants new 5% scheme for new project?
regardsca kunjan
i feel its applicable for all projects, but then it sounds unfair, what if he wants new 5% scheme for new project?
regardsca kunjan
15 October 2022
Yes, he can opt for new 5% scheme for new project.
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