Existing Members of Society is getting additional area in redevelopement of society by the builder ,what is the GST implication ?
1.To whom GST applicable,Rate and whether it can be collected from members ?
2.GST implications in case of Second Supply that is by society to builder of development rights
3.GST on existing members getting Adiitiona area
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GST implication on Redevelopment of Society
Replies (3)
It's not cover Under Construction of Buildings, infact it's repair & maintenance ,hence GST @ 18% is applicable
Whether GST needs to be paid by members ? and for additional area or existing area also ?
Yes for both ....& As I have already replied it will cover under repair builder will definitely charge GST ,
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