Which tax will be applicable, if builder got B.U permission and 10 lac payment is o/s by buyer.

Is GST of 12% applicable on payment of buyers who have booked before 1st july.? And if Builder got B.U permission and 10 lac payment is o/s by buyer which Tax will be applicable 4.5% or 12%.

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1 Answer(s)

If payment received before 1st july no Gst any payment post 1st july will attract Gst @12%.

Answered on June 11, 2017.
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Your Answer

Gen GST