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Gst of purchase of flat

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3 Points Posted on 11 August 2018

I have purchase a flat under construction and taken loan under pm subsidy scheme.

As per GST rule Rate of GST should 8% but builder insist to pay 12%.

What can I do.

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On 11 August 2018 at 20:54 Report
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GST Practitioner
1365 Points Posted on 11 August 2018
Dear mr vinay, Your are right , gst rate on flat under clss is 8%
1 Reply
On 11 August 2018 at 22:40
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24196 Points Posted on 12 August 2018
The GST rate has been reduced to 8% from the existing 12% on purchase of houses availing of the credit-linked subsidy scheme (CLSS) under Pradhan Mantri Awas Yojna and of those houses that are constructed in a project that has got infrastructure status.
161 Reply
On 12 August 2018 at 13:02
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3 Points Posted on 12 August 2018
Builder was not agree and Demand 12% and provide receipt.He say that 8% is applicable only on special project, and not individual person.
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On 12 August 2018 at 14:28
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24196 Points Posted on 12 August 2018
Tell the builder regarding the new updates gst rate
161 Reply
On 12 August 2018 at 17:38
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7059 Points Posted on 04 August 2019
good clarification and information
33 Reply
On 04 August 2019 at 18:34


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