Dear Sir,
Please guide us I want to purchase a Commercial Property is GST applicable or not or which tax rate will be applicable.
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GST On Purchasing Of Property
Replies (4)
gst is applicable only if you go for under construction property.. if you chose property who has cc or who grant u possession whichever is earlier and then you make the payment provided u hv not paid single penny before getting cc or possession then no gst will be charged
In addition, gst charged on commerical property - 18%
yes.. rate is 18 % as of now..
Yes gst applicable
12 % on on total value or 18% of 2/3 value Of property
12 % on on total value or 18% of 2/3 value Of property
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