Poonawalla fincorp
Poonawalla fincorp

GST on self constructed property

This query is : Resolved 

28 April 2022 Hi All

I am constructing a building on a plot of land owned by me. Total number of flats will be 14 and out of that I will sell 8 flats and will keep 6 flats for myself.

For construction, I will appoint a contractor.

What will be the implication of GST on 6 flats kept by me for myself?

Thanks in advance.

28 April 2022 For the 6 flats kept by you GST of 18% payable to the contractor on his bill related to this flat and other flats.



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