Menu
GST on real estate
on flat advance booking a company is charging 12 percent on normal flat sale amount and 18 percent towards prime location charges and 0 percent towards interest free maintenance charges. so where it is written that we may charge 0 percent on interest free maintenance charges received.
Replies (1)
Interest free maintainance charges are received as advance/deposit and not as service/supply during construction period.
Recent Topics :
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
Related Topics :
CAclubindia
