Gst impact on already bought a flat.

Sunil sharma (5 Points)

22 June 2017  

I have already bought a flat nearing completion and paid 95% with 4.5 service tax.

My possession will be on Dec 2017 but builder not raise invoice remaining 5 % in this month. He said I will generate demand letter before 1 month of possession.

Sir, GST will be coming in 1 july in that case can I will be charged tax at the GST (12%) or applicable old rate which was mentioned in my cost sheet(4.5 % service tax) when I purchase flat.

I have already bought a flat nearing completion and paid 95% with 4.5 service tax.

My possession will be on Dec 2017 but builder not raise invoice remaining 5 % in this month. He said I will generate demand letter before 1 month of possession.

Sir, GST will be coming in 1 july in that case can I will be charged tax at the GST (12%) or applicable old rate which was mentioned in my cost sheet(4.5 % service tax) when I purchase flat.

Please suggest what i will do.