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Real Estate project - construction Sublet

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(Querist)
23 September 2017 What will be impact on those builder who have sublet whole contract of construction to construction comp and project has completed 1 year and yet 2 more years to go? In Earlier law Vat tds provisions there. What is the process in this case? Any idea?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
24 September 2017 18% GST applicable on sublet contract with input credit. This 18% can be claimed by builder as ITC.
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