Purchase of new flat

Others 317 views 4 replies
Dear Sir/Madam
I wanted to buy ready and completed flat for myself..

I wanted to know should I wait till GST is implemented or should I buy as soon as possible??
Replies (4)

Hello,

 

Purchase of building which has already been completed, does not fall in the ambit of GST law. Such building is not "goods" under GST law.

You will be paying stamp duty on this transaction and not GST.

 

I hope this helps :)

 

No effect of GST on purchase or sale of property as same is out of ambit of GST.

socit will not matter whether you purchase before GST or after GST.
thanks alot for the word of advice..
Welcome...,......


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