Gst on real estate

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 November 2018 Dear experts, my request to you all is that selling flats or house comes in gst or its tax free? I will have few flats which i want to sell it out. Kindly reply me i really wants to know.

Thanking you in advance

Udaya Chandran

Udaya Chandran (Expert)
Follow

26 November 2018 If you have got completion certificate, then no GST.

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

20 December 2018 Sir, What do you mean by after completion certificate there will be no GST? Where do we get completion certificate from?
Please elaborate..

Upgrade to CAclubindia Pro. Subscribe Now!

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

19 October 2021 Completion certificate is issued by municipality or town planning office, who had sanctioned the building plan.
It states that the work has been completed as per their requirement, and as such it is ready to occupy by inhabitants.