GST on advance to builder before 31.03.19
Jeetu Kodwani (Consultant) (421 Points)
19 April 2019I have paid 100000 to builder on 12.03.2019 for booking under construction property but agreement is made on 17.04.2019.
GST rate in March 2019 was 12 %
GST rate from April 2019 is 1 %
now builder is demanding gst @ 12 % on advance amount paid till 31.3.19.
can anyone explain the applicable rate.
thanks