Gst on flats

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Can somebody please explain this provision?

The actual GST rate for under construction flats, properties or commercial properties is 18%. However, 1/3 of 18% is deemed as the value of land or undivided share of land supplied to the buyer of the property.

What is the actual rate of GST to be paid if i'm buying a flat?

Replies (1)
you have to pay 18% , land value is reduced from total value . it is not reduced from tax rate.


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