Gst chargeable on development charges charged by builder/developer?

1290 views 1 replies

POOJA N ROHERA

employed

34 Points Joined February 2013

Builder/Developer asking me to pay GST on development charges. Development Charges Include:

Share application & entrance fee
Legal Charges for preparing agreement & formation of society
Club House charges
Infrastructure charges
Electric meter, gas station, cable.

Replies (1)

Jagdish Akbari

Tax Consultant

189 Points Joined June 2008

if Flat or House purchased with all amenities it will be composite supply and principal supply rate will be applied...so no need to pay separately..GST will be payable on saled deed value if purchased before BUC...after BUC even GST not attracted.