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GST REGISTRATION FOR BUILDER

This query is : Resolved 
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(Querist)
20 December 2019 HI FREINDS

IS COMPULSORY FOR BUILDER TO GET GST REGI. IF ALL FLAT SOLD AFTER COMPLETION OF CERTIFICATES AND NO ANY ADVANCE BOOKING AMOUNT RECEIVED BEFORE COMPLETION OF CERTIFICATES.
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Rajamahendra Varma M.B.A.,LL.B

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Rajamahendra Varma M.B.A.,LL.B (Expert)
25 December 2019 Yes, registration is compulsory for availing ITC. Else ITC will become cost while selling the flats. And it is mandatory to get registration if you will fall under exemption threshold limit of annual turnover.
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