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GST on purchase of Flat in apartment.

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I have booked a flat in 2014 in an under construction Apartment in Bangalore. The builder is asking for additional 8% on remaining amount due to tax increase after implementation of GST. Please advice.
Replies (5)

Any payment due after 1st July, 2017 over under costruction flats is liable to 12% GST. So, pay only the difference to what was already paid earlier.

Mr Gopal needs to pay difference. Mr Rambhia is builder not going to be benefitted of the input tax credit. So he will have to pass on this benefit to flat buyer. otherwise he may be trapped in anti profiteering clause.

How can the customer argue with builder........ when builder not wishing to pass the benefit without any clear cut guidelines from Goverment; here query is builder is asking for 8 % extra  !!!!!!!!!!

What is remedy for the old underconstruction flat buyers (who have booked it before July 17)........ its extra burden to them !!!   Anti-profiteering is on paper...... not on field.........

Sir, If builder insists on his stand then what a buyer should do?

Get the demand letter in writing with the calculation of differential amount........... complaint it addressed to Anti-profiteering authority.

  • helpdesk[at]gst[dot]gov[dot]in

For details refer:  gst-antiprofiteering-authority-can-cancel-registration-of-firms-for-undue-price-hikes


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