Value on which GST rate to be applied by appartment builder
Namasthe, request someone to clarify my query. I am purchasing an apartment on whixh builder is levying 12% GST. On which value this % should be applied?
Is it on the base price per sqft or
Base price per sqft plus amenities or
Value of the flat as per government records.
The property will be ready for handover in next 1 month.
I am bit confused as someone was mentioning that the GST has to be applied on value as per government records.