tax rate
asif shaikh (189 Points)
05 September 2018
sir, what is GST rate for construction work for complex and residential flat schem for sale.and what is rate after b.u.permission.
Pankaj Rawat
(GST Practitioner)
(55032 Points)
Replied 05 September 2018
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.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
