Contracted Building completed 30/06/17 and that time Two flat sale and registration completed, and STAX paid.
now current period one of flat and registered but builder Charge GST .
my question 1.GST applicable ? 2.What is rate charge 12 or 18. 3. if not applicable GST why.
please clarify
thanks
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GST contructed flat
Replies (2)
No Gst is not applicable on after construction of flat...if the completion certificate has been issued
If Completion Certificate ( CC ) has been issued by the competent authority, then GST NOT Applicable.
Under GST Regime, only Under construction Flats are taxable since it constitutes a "SUPPLY OF SERVICE" as per Para 5 (b) of SCHEDULE II of the CGST Act 2017.
Under GST Regime, only Under construction Flats are taxable since it constitutes a "SUPPLY OF SERVICE" as per Para 5 (b) of SCHEDULE II of the CGST Act 2017.
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