Gst on commercial property after 1st april 2019

Sagar R Trivedi (ADVOCATE) (35 Points)

03 May 2019

IF CONSTRUCT OF PROPERTY FOR FULLY COMMERCIAL PURPOSE, THEN BUILDER WILL LIABLE FOR 12% GST (WITH ITC) . RIGHT????

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pritesh (CA Final student) (7101 Points)
Replied 03 May 2019

yes

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Sagar R Trivedi (ADVOCATE) (35 Points)
Replied 06 May 2019

Sir, Which RCM will be applicable??

pritesh (CA Final student) (7101 Points)
Replied 07 May 2019

When you are constructing residential property and purchasing more than 20% material from URD

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Sagar R Trivedi (ADVOCATE) (35 Points)
Replied 08 May 2019

Sir,

IN COMMERCIAL CONSTRUCTION, RCM IS NOT APPLICABLE FOR PURCHASING MORE THEN 20% MATERIAL FROM URD.???

Some of the services like legal services, goods transportation agency services, sponsorship services are liable to RCM, Right ??

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