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sale purchase of under construction property

BM Vashisth (21 Points)

12 March 2018

what is gst position on sale purchase of under construction property by a person

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Meet Shah (ACA) (178 Points)
Replied 12 March 2018

When individual buyers purchased a flat from the builder they have to pay GST @ 12% if any payment made to the builder before BU permission is received
if you booked your flat before BU permission then full GST on Sale deed value and if book after by then No GST

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