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.
But how to convince builder . Is there any reference?
U mean the consideration value of of the flat should include gst and in this case it would be 9025111
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?
CAclubindia
