GST during transition

You are here :Home>Discussion>GST during transition
GST during transition 2017-07-12T14:32:38+00:00
Viewing 1 post (of 1 total)
  • Author
    Posts
  • Samar TripathySamar Tripathy
    Participant
    Post count: 1
    Topics: 1
    Replies: 0
    Been thanked: 0 times
    #2402 |

    Hello, I need advice please. This request is regarding my flat which was completed on 17 June 2017 in Bangalore,KA and builder raised the final settlement bill as below.
    Sl. No Descriptions Amount Vat ST Total
    1 Instalment Due 53177.56 5398 3191 61766
    2 Club House Fee 40000 6000 46000
    3 External Electrification, water & Sanitation Charges * Rs. 200/- Per sqft 202000 12120 214120
    4 Building Maintenance charges Rs. 2/- per Sqft Per Month (For One Year) 24240 3636 3636
    5 One time corpus fund which is equivalent to one year’s maintenance charges 24240 24240
    6 Campus maintenance charges – lump sum @Rs.60/- per sft 60600 60600
    7 Service Charges Towards Property Tax Assessment and Sub numbering 10000 1500 11500
    Total Payable 446102
    When my bank paid the bill on July 5, the builder raised a differential invoice on account of GST as below, he says I have to pay more under GST as I did not clear the payment by 30 June 2017.

    Sl. No Descriptions Amount GST Total
    1 Instalment Due 53177.56 9572 62750
    2 Club House Fee 40000 7200 47200
    3 External Electrification, water & Sanitation Charges * Rs. 200/- Per sqft 202000 36360 238360
    4 Building Maintenance charges Rs. 2/- per Sqft Per Month (For One Year) 24240 4363 28603
    5 One time corpus fund which is equivalent to one year’s maintenance charges 24240 24240
    6 Campus maintenance charges – lump sum @Rs.60/- per sft 60600 60600
    7 Service Charges Towards Property Tax Assessment and Sub numbering 10000 1800 11800
    Total Payable 473553

    Please note that the builder has put 18% GST where previously VAT/ST were applicable. I am suspicious about their motive but thought to check with experts, Can you please clarify if builder’s claim is right ?

Viewing 1 post (of 1 total)

You must be logged in to reply to this topic.