GST on sale of residential flats

This discussion clarifies the application of Goods and Services Tax (GST) on the sale of residential flats, particularly concerning affordable housing schemes. It addresses whether the standard one-third abatement for land cost is applicable and how GST is calculated on the sale value. The consensus suggests GST is applied to the entire sale value, including land, unless specific conditions for abatement are met, which might alter the applicable rate.