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Gst on under construction and ready to move flat

JAYANTA KUMAR BANDYOPADHYAY (professional service) (293 Points)

22 October 2021  

In 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.

 1 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (107467 Points)
Replied 23 October 2021

If its under construction, GST will be applicable at 1% for affordable or 5% in general..

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