GST on allotment of Parking lot
This query is : Resolved
03 December 2019
Can a residential owners association charge GST on allotment of second parking lot to a member ?
Builder at the construction stage had allotted one parking lot to each flat owner and had transferred the project to owners association after completion. Additional parking lots available with association is now being offered to members.
Builder at the construction stage had allotted one parking lot to each flat owner and had transferred the project to owners association after completion. Additional parking lots available with association is now being offered to members.
03 December 2019
Yes GST applicable on such allotment.
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