When gst is to be paid by builder??

Over each and every installments........

Then it is better to take loan from a bank till completion & then sell the flats after getting complection certificate as GST will be not applicable .

Can do that....... but net effect will be loss on part of ITC over inputs and interest payment.....

Thank you Sir .One More Question

Whether Lucky draw scheme run by a partnership firm is taxable under GST or Exempt ?.if GST is applicable how it is applicable ? there are around 1000 members contributing 1000 per month for 12 months  monthly prizes are distributed in cash & kind .  expert advise  is needed please help .

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