tax rate

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sir, what is GST rate for construction work for complex and residential flat schem for sale.and what is rate after b.u.permission.
Replies (1)

Its 12% GST , & after BU permission have to  reverse the ITC attributed to particular flat being sold

Note : ITC will be reverse only in case if
You have not reced any advance before B..U permission for that particular flat.

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