New gst rate on ready to move home purchase
This query is : Resolved
27 December 2018
DEAR ALL, I PURCHASE NEW FLAT IN AHMEDABAD FROM BUILDER, FLAT IS READY TO MOVE, SO WHAT IS GST RATE APPLICABLE?, I JUST PAY DOWN PAYMENT FOR THIS, DEED IS NOT READY, SO WHAT NEEDS TO BE KEPT IN MIND? HOW CAN I SAVE GST ? WHICH QUESTIONS ARE I CAN ASK TO BUILDER?
27 December 2018
No GST applicable on such ready to move house for which completion certificate obtained.
27 December 2018
you may ask the builder if he has obtained the completion certificate, if the builder has got the completion certificate there is no need to pay gst on the flat else gst rate payable is 12 percent of the registry value
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Booth for sales promotion
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Average Cost Of High Quality Diamonds
- ITR 4 OR ITR 3 WHICH FORM CHOOSE
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
