Dear sir
I have been living in an apartment complex since 2003 which got it s occupation certificate in 2002 itself. However, i never bought a basement parking ever . I am buying one now and the builder is charging me 18% GST on it.I had an arguement with the builder saying that GST cannot be charged on the sale of the parking as the building is not under construction and the building has an OC and the basement parking forms part of the building only.
So, will the GST be 18%, 12% or nil and why?
Kindly advise
Thank you
Regards
CAclubindia
