Sir,
I have made an agreement with the builder on 20.08.2020 to develop my property (of 3800sq.ft. ground)in a joint venture.Builder agreed to offer me 50/50 basis for building the flats. Totally he is building 8 flats out of that he has to give me 4 flats on the arrangement that I have to pay the GST for the 4 flats which he is offering to me. He has to complete the building within 18 months time in all respects and he has to pay the rent for the house for my stay during that period.
Now, he is nearing completion. Please help me what is the GST admissible for me to pay to the builder.
Regards,
T.NANDAGOPAL,
CAclubindia
