GST for Land lord for JV from Vat regime to GST 5% Regime

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Dear Sir ,

As a land owner I had given for apartment development in joint Venture. That time it was VAT REGIME.  Down the line government changed RERA was brought and GST Inteoduced. After GST introduced, it was calculated differently and now its flat 5% . So how to solve this as my builder asking 12 % on highest price paid on the sale of his flat. Can you advice pls.

 

Replies (1)
Dear sir,
As a land owner I had given for apartments development in joint Venture. That time it was VAT REGIME. Down the line government changed RERA was brought and GST introduced, it was calculated differently and now it's flat 5%. So how to solve this as my builder asking 18% on Valuation . can you advice please.
Thanks .


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