Builders & Developers
This query is : Resolved
12 November 2019
Respected Sirs,
Please guide me and oblige.
Whether builders and developers are fully exempted from GST ?
If it is certified by the architect that 70% portion of the whole building has been fully completed, there will be 100% exemption from GST on sale of flats and shops.
Please guide me and oblige.
Whether builders and developers are fully exempted from GST ?
If it is certified by the architect that 70% portion of the whole building has been fully completed, there will be 100% exemption from GST on sale of flats and shops.
12 November 2019
No, Builders and developers are not fully exempted from GST
Only completed portion will be exempted and it will not be for 100% of building
Only completed portion will be exempted and it will not be for 100% of building
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