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Hi All,
My query is regarding GST on under construction property.
In June month i made 4 lakh advance payment to my builder to book flat,due to some circumstances we went for registration on Aug 9, now builder is asking me to pay 12% gst on flat amount (i.e. 1260000,
my question is–> i have to pay 12 on rest 1260000-400000 or on 1260000, please suggest.Please somebody respond to my query, i need to pay or not, please advise.
Hello, Mr. Harnath… if you had paid service tax on that 400000 earlier, you don’t have to pay GST again on that.
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