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.
Menu
Gst of purchase of flat
Replies (5)
Dear mr vinay,
Your are right , gst rate on flat under clss is 8%
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.
Builder was not agree and Demand 12% and provide receipt.He say that 8% is applicable only on special project, and not individual person.
Tell the builder regarding the new updates gst rate
good clarification and information
Recent Topics :
- GIFTS TO USEFUL CONTACTS ON FESTIVALS INCOME TAX
- INTEREST ON REFUND OF TDS
- Input tax claim related
- User not found in MCA portal
- GST RATE ON FILM PRODUCTION
- Section 54
- Why are foreign investors suddenly buying Indian s
- TDS ON IMMOVABLE PROPERTY - PURCHASE FROM NRI &
- Query to Tax Garden tax consultant
- Subject: Urgent Assistance Required – TRACES
Related Topics :
CAclubindia
