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All QuestionsCategory: GST CompliancesGSt clarification
Profile photo of Shadan kadhifShadan kadhif asked 4 weeks ago

GSt clarification

Hi,
I have purchased a flat in jan 2018 with applicable gst rate of12% .Till date I have paid 80% value i.e 54 lakhs. Currently  my flat is under construction, completion period is Dec 2019.
So as per new Gst rate i.e 5%, will it be applicable on full value of the property since it is still U.C or only jusy remaining value 20%. What i have understood it will be on complete value.May please kindly clarify?

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2 Answers
Profile photo of Consultease AdministratorConsultease Administrator answered 4 weeks ago

Let us wait for the scheme..Things will be more clear in that. 

Profile photo of Consultease AdministratorConsultease Administrator answered 4 weeks ago

Let us wait for the scheme..Things will be more clear in that.