Gst rate for real estate
Gunavant patil
(Querist) 26 June 2018
This query is : Open
Sir, I had book the 2 bhk flat in april 2017 at Nasik, Maharastra which will be completed in 2019 and bulider also registered in RERA. Now Bulider is asking GST 12% excluding Stamp duty@5%, Registration charges@1%. Kindly clarify ? what is GST rate is applicable for under construction apartment. with stamp duty and registration charges ? my builder now follows for agreement with GST 12% excluding Stamp duty@5%, Registration charges@1%.
Any chances to reduction in the GST rate for real estate sector within 3-4 months? Builder is not ready to pass credit input of Land also ?
Regards,
Gunavant Patil
8884185395
