Gst on ready to move flat

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2 Points Posted on 03 September 2021
please
clarify the gst on ready to move flat
and order copy because builder demand the order copy of above subject if gst is not taken on ready to move flat or completion certificate is issued.
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On 03 September 2021 at 18:37 Report
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Quick Summary
This discussion clarifies the Goods and Services Tax (GST) applicable to ready-to-move flats. According to a press release from December 2018, GST is not levied on the sale of completed properties or flats once a completion certificate has been issued by the relevant authority. Builders may request proof of this to avoid charging GST.

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SEO Sai Gr. Hosp.
212482 Points Posted on 03 September 2021

https://www.indiastudychannel.com/experts/47891-is-gst-applicable-for-ready-to-move-flat

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On 03 September 2021 at 19:01
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SEO Sai Gr. Hosp.
212482 Points Posted on 03 September 2021

https://www.financialexpress.com/economy/sale-of-flats-after-issue-of-completion-certificate-not-to-attract-gst-says-finance-ministry/1407582/

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On 03 September 2021 at 19:03
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SEO Sai Gr. Hosp.
212482 Points Posted on 03 September 2021

" It is brought to the notice of buyers of constructed property that there is no GST on sale of complex/ building and ready to move-in flats where sale takes place after issue of completion certificate by the competent authority"

Extract from Press Release.... dated 08/12/2018. Attached hereunder.

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On 03 September 2021 at 19:08

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