Gst or service tax for uc flat booked before 1st july 17

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i booked a flat on 2016 and still UC. i already paid 90% of the cost of the flat with ST+others @ 4.5%. please let me know what i have to pay along with remaining 10% of the cost of the flat.GST @ of 12% or Service Tax +others @ 4.5% like previous payment.

Replies (3)

First of all, you need to check your property purchase agreement with respect to the consideration clause as to whether the consideration demanded by the property developer is written as "Base amount + Applicable Taxes" or there might be a separate clause in your agreement stating that any alterations due to changes in taxes made applicable by the Govt shall be borne by the customer. If yes, then you will need to pay the balance 10% amount with GST.

 Otherwise, you can pay the balance agreed upon amount (with ST component) to the property developer and negotiate with him accordingly.

thanks.

 

Sir advance received from customers in june month for construction of flats,now September now can I pay gst on that amount

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