gst chargebilty
prince goel (student) (66 Points)
28 August 2017if yes what is rate of gst.
prince goel (student) (66 Points)
28 August 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177869 Points)
Replied 29 August 2017
GST is applicable over under construction property at 12% (with land cost)
When a sale agreement is registered or any advance payment received by builder for booking of any property is considered as time of supply...........
So, if the property at the time of supply is under construction...... GST will apply, otherwise not.