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Is gst on resale flat

836 views 1 replies

One of cutomer planning to buy resale flat.

Owner got the possesion from builder but the completion certification not receved

because 2 building out of 7 yet to be complete.

Builder is ready to give NOC to owner.

As customer want to buy this resale flat from owner.

GST is applicable to him or not?

 

Replies (1)

'Builder is ready to give NOC to owner.'.......... When possession is already given.......... implies no dues pending to builder............ If no payment required to be made...... question of GST doesn't apply. But the catch is, builder may demand on any pretext (may be just difference of rates !!!) so get Archtect's certificate from the Builder that the building is complete.....


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