What should be the flat consideration value for registration?

Registration 265 views 9 replies

For example the total cost paying to the builder is 90,25,111 (including GST) . Which is 80,58,136 + 9,66,974 gst. 

So should I go for flat consideration value for 90,25,111 or 80,58,136 for registration ?

Builder is saying to put  80,58,136 in the sale deed. But home loan bank is saying to put full value of 90,25,111 in the sale deed. 

Replies (9)
Full value should be takeb

But how to convince builder . Is there any reference?

Value with tax ...

U mean the consideration value of of the flat should include gst and in this case it would be 9025111

Yes full value should be taken including gst
Yes ..
Rs. 90,25,111/- will be taken into consideration for Sale Deed purpose.

But builder is saying it will be double taxation issue if they put sale value including gst. And forcing me to go for consideration value excluding gst.

Can someone provide me the government guild line on this? 


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