Gst applicable

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 January 2019 builder construct 6 flats on 10000 sq feets, that land belong to other person(mr.X). they mutually agreed and 6 flats are shared equally.

Now Mr.x Sale his share of flats(3flats) and charge 12% GST on that. is it Correct? Can Mr.X Charge GST on that flats

CA Anita Bhadra

CA Anita Bhadra (Expert)
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07 January 2019 Goods and Services Tax (GST) is applicable on sale of under-construction property or ready to move in flats where completion certificate is not issued at the time of sale,
In case Completion certificate not received in respect of the flats , GST is applicable

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Querist : Anonymous

Querist : Anonymous (Querist)

07 January 2019 Thanks mam. Builder can charge, but what about landlord.

Landlord can also charge GST?

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CA Anita Bhadra

CA Anita Bhadra (Expert)
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07 January 2019 In my view , whosoever is supplier ( in this case landlord ) can charge GST