Easy Office

Gst on sale of incomplete flats

This query is : Resolved 

22 October 2021 is gst payable on free flats allotted (to old tenants) ?

22 October 2021 YES.
As per notification no. 4/2019 ‐ Central Tax (Rate) dt. 29th March, 2019, at 1% of the value in case of affordable residential apartments and 5% of the value of non‐affordable residential apartments.
Refer:: https://taxguru.in/goods-and-service-tax/gst-redevelopment-projects.html



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries