Gst on real estate
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 November 2018
Dear experts, my request to you all is that selling flats or house comes in gst or its tax free? I will have few flats which i want to sell it out. Kindly reply me i really wants to know.
Thanking you in advance
Thanking you in advance
CA. Jinendra Sethia
(Expert)
26 November 2018
if received any payment before completion of construction of the flat or house or before transfer of ownership (whichever is earlier) then GST payable, otherwise if payment received after completion then no GST liability.
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