Paid 15 lakhs to builder in feb 2014 and 5 lakhs in march 2017 . Property cost 40 lakhs. Now builders is asking 12 % gst on 40 lakhs i.e 4lakhs approx.
Need help if builder ask for gst on 40 lakhs is valid??
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Gst on underconstruction flats
Replies (1)
The main question you need to ask the builder is when is the Completion certificate issued, and it should be from a competent authority.
If any amount has been received before that then you might not get relief from GST
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