Sales flat what is gst rate for builders & other

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162 Points Posted on 29 August 2020
Sir please my Company query for sale of flat build by collaboration of plot I get two FLAT now i want sales what is gst rate charge for sale of flat
and please share builders/ real estate notification of changes rate
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On 29 August 2020 at 22:19 Report
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If you're a builder selling flats constructed through plot collaboration, the GST rate depends on whether you've received the completion certificate. If the completion certificate has already been obtained for the flats, no GST is payable on their sale. Therefore, if you are selling the flats after receiving the completion certificate, you do not need to charge GST.

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217 Points Posted on 29 August 2020
If completion certificate already got for these flats then no gst is payable.
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On 29 August 2020 at 22:45
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Tax and Business Consultant
11616 Points Posted on 30 August 2020
There is No GST on sale of Flat after receipt of Complete certificate of building..
So, if you are selling after receipt of CC than no GST.
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On 30 August 2020 at 00:11

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