banner_ad

GST refund for cancellation of under construction flat

287 views 5 replies

Dear Sir,

I had purchase an under construction flat from a builder in June 2022. While purchasing the flat, I paid applicable GST as flat was under construction.

Now I have option to upgrade the flat into a bigger one from builder. Builder is advising me to cancel the old agreement and make a new agreement for the new flat. Only difference in price, he is requesting.

The building has recently received OC from the authorities and GST is not applicable for the new flat.

Query is :

1. Whether I can claim refund of paid GST post cancellation of the old agreement with the builder, as there is not transfer of goods / services.

2.  If yes, what is the procedure to claim refund for this GST?

Thanks

Replies (5)
1. are you registered with gst ? what is the date of cancellation of agreement?


you can claim refund of gst.

we help in
getting the refund from the gst department wrt the cancelled flat. it's quite a lengthy process. please connect if you would like to take our services regarding the same.
Originally posted by : Sharath chandra
1. are you registered with gst ? what is the date of cancellation of agreement? you can claim refund of gst. we help ingetting the refund from the gst department wrt the cancelled flat. it's quite a lengthy process. please connect if you would like to take our services regarding the same.

No. We are not registered with GST. WE haven't cancelled the agreement yet. Currently deliberating on cancellation. If at all, it will be Ja 24 i.e. < 2 years of registering the agreement with the builder 

If at all cancellation will be in January 24

Ok. Gst paid will be refunded back. 

Please read notification No Circular No. 18  8 /20 / 2022-GST dated 27.12.2022.

Attached also


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details