GST for 85% completed house

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GST for 85% completed house 2017-12-29T13:25:17+00:00
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  • Alle Sai PrakashAlle Sai Prakash
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    #2605 |

    Dear All,

    I have booked an independent house on 23rd June 2017, booking was with a society and builder .
    I have paid 10 lac rupees as booking amount with Builder and Society on 23rd June 2017
    Booking with Builder to construct independent house with 1050 sft build up area.
    By the time of booking the house was completed 85%, and association is planned to register only plot on my name and the builder is going to construct the house.

    Construction charge is Rs. 13,50,000/-
    Still plot is not registered on my name.

    Now association and Builder is asking to Pay GST for complete constructed amount.

    Do I need to pay GST complete constructed area OR for pending work ? for others who booked in March /April 2017 they are changed only for pending work

    Please let me know do I need to pay for full constructed amount or only for pending amount ?

    10 Lacs, as booking advance, I gave in the form of cheque on 23rhd June 2017 , which was released in 1st week of July as builder is out of station he deposited cheque on 5th July .


    Sai Prakash

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