JAYANTA KUMAR BANDYOPADHYAY (professional service) (293 Points)
22 October 2021In exchange of old demolished building, promoter allows one flat in Kolkata. How much GST is applicable and on what amount? Does it consider registration charges etc.
If we show it as " ready to move" flat, can we avoid gst
Please guide.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182355 Points)
Replied 23 October 2021
If its under construction, GST will be applicable at 1% for affordable or 5% in general..
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
CAclubindia
