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.

Many thanks,
Venkat.

Asked on February 3, 2019 in Real Estate.
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1 Answer(s)

GST is levied on the actual amount charged by builder in his invoice.

Answered 3 days ago.
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Your Answer

Gen GST