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GST on preferred location charges by builder
I am in the process of purchasing a flat in DLF in Panchkula. when the payments are complete and house has to be handed over to me the builder is asking for a GST of 18% on preferred location charges. Request to please clarify as the amount is quite a bit.
Replies (4)
Quick Summary
THOUGH IT IS APPLICABLE; BUT FOR UNDER-CONSTRUCTION PROPERTY. NOT OVER CC OBTAINED FLAT.
SECONDLY, IF YOU HAD PURCHASED IT AS A PACKAGE, ALL SUCH CHARGES SHOULD HAVE BEEN INCLUDED IN LUMP SUM DEAL.
Thank you very much. for better understanding of this subject could you please recommend any link.
https://housing.com/news/preferential-location-charges-how-it-impacts-the-price-of-your-property-2/
Greatful to you👍🏻
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