My query is whether a builder has to first register his project under affordable housing scheme and then he can pay 1% gst on sale of flats or irrespective of his registration under affordable housing scheme if the builder is fulfilling the condition of 60/90 sq mtr and consideration less than Rs 45 lakhs then he can pay gst @ 1%?
Thanks
If your project is approved by RERA authority under affordable housing, it is sufficient.
Sir but according to my knowledge there is no criteria under RERA for specific registration of project under affordable housing.
It is general Registration making it a registered project under RERA.
Please guide
Your reply is different from others. Can you explain
No need to worry about him. If you check his answers in his profile most of them are absurd....
CAclubindia
