GST on under costruction project

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Partha Mukherjee (Querist)
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23 September 2019 I spend 20% of Purchase consideration for an under construction flat. The construction is near to complete and Completion Certificate (CC) will be issued within a month.
My question is the applicability of GST on the portion of my payment before CC and the portion of payment after getting CC.

Vishakha Kejriwal.

Vishakha Kejriwal. (Expert)
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24 September 2019 Portion of payment before obtaining CC would be liable to GST whereas payment made after obtaining CC is not so liable

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Partha Mukherjee

Partha Mukherjee (Querist)
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24 September 2019 Thank you so much
One more question, if I cancel my booking, kindly enlighten me that the amount paid as advance including GST will be refunded in full or not?

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Vishakha Kejriwal.

Vishakha Kejriwal. (Expert)
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27 September 2019 Yes the builder can issue a credit note and refund the amount of advance including GST.