GST rate on purchase of residential flat under construction

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..... Dear Sir, We have purchased / booked a residential flat which was under construction say for 20 Lacs prior to GST. We also paid 5,00,000 lacs prior to GST along with service tax and vat amounts. Now .....

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..... , the balance amount of 15,00,000 will have to be paid under GST regime. So the query is what would be the rate of GST on under construction residential flats. Request you to kindly guide on the sam .....

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..... e. Regards - Reply By Vamsi Krishna - The Reply = Hi Rate of GST is 12% (after deemed deduction of 6% which is 1/3 of actual rate of 18%) - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = I en .....

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..... dorse the views of Shri Vamshi. - Reply By Ganeshan Kalyani - The Reply = Under construction property attracts tax. - GST rate on purchase of residential flat under construction - Query Started By .....

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..... : - saraswati konka Dated:- 5-10-2018 Goods and Services Tax - GST - Got 3 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxm .....

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..... anagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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