Query:Real Estate
A Private Limited Company is selling a residential flat for which 20% consideration is taken in the financial year 2015-16, but the flat is getting registered in the customer name on July 2017. Does the provision of GST on the balance 80 % will the customner has to pay 6% CGST and 6% SGST? and whether the Builder has if any VAT bills(from july 2016-july 2017) can take input credit. Kindly resolve the matter
CAclubindia
