Gst rate on under construction of flat

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Querist : Anonymous

Querist : Anonymous (Querist)

02 September 2017 Please help, we are small construction firm, please let us know what will be the applicable GST rate on under construction Flat.We came to know that the rate is 18%, please help to understand this structure should we ask customer to pay 12% or 18% GST and on what rate do we pay to government on either 12% or 18%.Please explain us..Thanks in advance

sudarshan

sudarshan (Expert)
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03 September 2017 If land is transfered by you, the rate is 12%,otherwise 18%

Querist : Anonymous

Querist : Anonymous (Querist)

03 September 2017 I asked to one CA, he said that builders cannot imposed GST on customer at any rate because builders are getting Input tax credit, and if customer complains then we have to face problem. is there any such news please explain this article.

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sudarshan

sudarshan (Expert)
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03 September 2017 not correct, all dealers and service providers are getting input credit.

Querist : Anonymous

Querist : Anonymous (Querist)

03 September 2017 Thank you Very Much Sir, for this valuable guidance

Querist : Anonymous

Querist : Anonymous (Querist)

03 September 2017 Thank you Very Much Sir, for this valuable guidance