GST RATE on sale of Row Bunglow

This query is : Resolved 

09 October 2021 I have a plot . I am going to develop three row bunglow on such plot. Size of each row bunglow is 70 sq. meter. Price each row bunglow is Rs 35 lakh.
I have a question .
What will be the GST Rate if i have sold before completion & after completion ?
Any GST RCM will be applicable on purchases ?

Please reply . I am waiting for your valuable support.


09 October 2021 1% GST applicable before on sale before completion. No GST sale after completion.
RCM applicable for non compliance of the condition in Notification No. 3/2019 dated 29th March 2019 specifies that 80% of inputs and input services should be procured from registered person.


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query