my question is -
IN THE developing agreement gst when applicable and what rate
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gst on developling aggreement
Replies (1)
GST is liable to be paid by the builder/developer on the share
of the land owner, also. GST is liable to be paid when the
possession or right in the property of the said flats are
transferred to the land owner by entering into a „conveyance
deed‟ or similar instrument (e.g. allotment letter).
Rate 12%
of the land owner, also. GST is liable to be paid when the
possession or right in the property of the said flats are
transferred to the land owner by entering into a „conveyance
deed‟ or similar instrument (e.g. allotment letter).
Rate 12%
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