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Rera master account 100%
my doubt is collection came to master account 100% whether we have to account it in books and 70% account and 30% account we have to consider while doing accounting. kindly I need details of rera accounting treatment in books and how the GST treatment for collections received through above account.
Replies (1)
I think from Developer perspective they have to take accounting for only fund withdrawn for the purpose of development of the property as they can not withdraw full amount as deposited by the buyer.
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