gst on property
Ravi Das (1 Points)
03 July 2018Month of agreement- may 2017 and part payment also made on may 2017.
Month of sale deed(registration)- july 2017 and balance payment made on july. Is gst applicable on this case?
Ravi Das (1 Points)
03 July 2018
Ravi SADhiyan
(Practice)
(4510 Points)
Replied 03 July 2018
Originally posted by : Ravi Das | ||
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One of my client has purchased ready to move in flat last year. The CC for flat was completed prior to 1st july 2017.Month of agreement- may 2017 and part payment also made on may 2017.Month of sale deed(registration)- july 2017 and balance payment made on july. Is gst applicable on this case? | ![]() |
GST Not applicable on registration of Property
Vinod Babu
(24196 Points)
Replied 03 July 2018
Pankaj Rawat
(GST Practitioner)
(55057 Points)
Replied 04 July 2018
As the agreement l was done before CC reced by builder
Now if the builder has already made provsion or shown the same in his service tax return , the payment reced by him in July then No GST is applicable , but if he has not, ..then he will charge GST on said amount.
Builder is not liable to charge GST on only those flats for which he have not reced any advance or no agreement is done before CC reced by him.
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