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gst applicable on advance receive by builder
gst applicable in advance payment receive from customer for flat booking in case of builder?
Replies (6)
yes gst applicable for advance payment
Whether that advance is before completion of building... Only then gst @ 12% applicable
Yes gst applicable.
1.if building is complete and not get BUC certificate from municipality then gst applicable ? and 2. building is under construction and builder make dastavage @ this point gst applicable?
Once u got completion certificate only then it is deemed to be building is completed... Without completion certificate how u can say building is complete.... And 2nd query samjh nahi aaya mujhe
got it sir...thanks
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