tax rate and implications on construction of building

306 views 4 replies
what would be tax rate and implications in following situations
1. before the construction
2. at the time of construction
3. after construction (ready for sale(
Replies (4)

1.  GST applicable 

2.  GST applicable 

3.  If compilation  certificate  received   then  GST  not applicable  for ready  flats . 

please confirm with others also.

Agreed with the prasad sir.
Completely agreed with Prasad sir but ITC of gst paid can not be claimed.
can you also provide the details for the tax rate and what are the exemption on it?
whether ITC can be claimed or not in all 3 different situations?

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