Can somebody please explain this provision?
The actual GST rate for under construction flats, properties or commercial properties is 18%. However, 1/3 of 18% is deemed as the value of land or undivided share of land supplied to the buyer of the property.
What is the actual rate of GST to be paid if i'm buying a flat?
Naveen Fintech Pvt Ltd
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Gupta Sachdeva & Co. Chartered Accountants
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