Whether gst is applicable on part completion

This query is : Resolved

Savan Kasliwal (Querist)
Follow

13 September 2017 Hello,

My one project is going on for 10 Floors.

9 Floor is completed and I have Part Completion Certificate on the basis of 9 floor.

I am not going to construct 10th Floor.

I have already applied for Final Completion and within 1 or 2 months I'll get it.

Part Completion is received for all Flats i.e.for entire project.

But due to 10 Floor's sanction I didn't receive Full Completion.

Now question is that, on the basis of above circumstances, should I charge GST on flat?

If yes why?

If no why?

If no, please give me Circular copy or Notification copy reference details, if any

Please revert me at the earliest.

With Best Regards,

Savan Kasliwal
91-9421685760
91-8446088070

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

13 September 2017 No, GST not applicable in view of completion certificate received for the flats to be sold. Part completion is only for the project.
GST not applicable on sale of immovable property after obtaining completion certificate.

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

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

bhavesh

Rajat Khandelwal

ashok jain

Devaraj B V

Konijarala prasad

Subscribe Now

Whether gst is applicable on part completion

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA