GST on unsold flats in completed projects

This discussion addresses GST implications for unsold flats in projects completed before the GST regime, even if Occupancy Certificate (OC) is pending. It also covers liability for GST on outstanding payments for flats where VAT was previously paid. Experts advise that if construction was completed before GST and OC application was made, GST may not apply to unsold flats. For outstanding payments on pre-GST sales, service tax, not GST, might be applicable.