we are in to real estate .
whether gst is applicable on applicable on advance received.
we have seperate agreements for construction value and uds value.
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gst on advance received
Replies (5)
yes applicable
i think it's cleared in gst council yesterday.
no need to pay on advance if your Turnover is below up to 1.50 crore but will be effect when will issue notification by authority.
no need to pay on advance if your Turnover is below up to 1.50 crore but will be effect when will issue notification by authority.
the same is applicable for manf and traders
we are into real estate so yesterday recommendations are NA for us
we are into real estate so yesterday recommendations are NA for us
what about gst on completed projects
yes correct akhil deep R sir
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