19 October 2018
As a buyer, do we need to pay GST while buying property and pay stamp duty while registration on total sale value including GST component? Assume example:
Price of flat- 50 lacs GST: 6 lacs Total consideration: 56 lacs Stamp duty to be paid on 50 lacs or 56 lacs?
19 October 2021
Stamp duty is paid on agreement value. & agreement value for the property is without GST. Though GST is charged on behalf of Government, it is not included in the value of the property.
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