Sale of flat

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RAJEEV KUMAR MEHTA (Querist)
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09 October 2017 Whether an individual selling a residential flat attracts GST? If so what is the rate and what is the procedue?

CA Rashmi Gandhi (Expert)
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09 October 2017 Selling of flat is out of purview of GST. If you are providing construction services or you are contractor then only GST payable.

RAJEEV KUMAR MEHTA (Querist)
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10 October 2017 Thank You. It thus means that buyers going for new flats under construction would have to pay GST @18%.Right?

CA Rashmi Gandhi (Expert)
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10 October 2017 But if you sell after getting completion certificate then same is exempted.

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