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 Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
