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vishal patel   05 June 2021

Gst on new apartment

Hi I am about to purchase a new apartment in Bangalore ... So wanted to know if builder can charge me GST on total sale value including all amenities charges n things.... Or he can only charge me on Land and parking ... right now is offering me for 97 + GST 5.5% .... Is it right ... ???


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 4 Replies

Dr J C Vashista (Advocate)     06 June 2021

It is better to consult and engage a local prudent CA / taxation lawyer for appreciation of facts / documents and professional advise

Sankaranarayanan (Advocate)     06 June 2021

yes Gst on flat purchases is 5% prior to 1 April 2019 it was 12% now it reduced to 5%.

vishal patel   06 June 2021

Yes correct sir 

 

But my question is .

Is gst on complete price including amenities of is it only for sqft land and parking

Sankaranarayanan (Advocate)     06 June 2021

that you can get clarity from the builder. 


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