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GST on Flat

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..... GST on Flat
Query (Issue) Started By: - Prudhvi Jakkula Dated:- 11-6-2019 Last Reply Date:- 14-6-2019 Goods and Services Tax - GST
Got 7 Replies
GST
Before 31-03-2019, can i pay 12% on so .....

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..... me flats which are upto 60 sqm and 18% on remaining flats which are in the same building? Reply By KASTURI SETHI: The Reply: Option was required to be given to the department by 10.5.19 ? Have you g .....

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..... iven option ? Reply By KASTURI SETHI: The Reply: Pl. read '20.5.19' instead of 1'0.5.19'.. Reply By Prudhvi Jakkula: The Reply: Yes sir, I selected previous option only. In that ca .....

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..... se can i pay 12%(Effectively 8%) on some flats and 18%( Effectively 12%) on remaining flats? Reply By KASTURI SETHI: The Reply: For ongoing projects you are to follow your option exercised. It is on .....

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..... e time option for the whole project.You are to stick to your option for the whole project. It is 8% without ITC or 12% with ITC. You cannot adopt hybrid procedure. Reply By Prudhvi Jakkula: The Repl .....

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..... y: Thank you very much sir. Reply By KASTURI SETHI: The Reply: Option between the two means to choose either this way or that way. Not both ways. 'Both ways' means no choice. Literal meanin .....

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..... g of the word, 'option' : one thing that can be chosen from a set of possibilities, Reply By Ganeshan Kalyani: The Reply: Either of the option was to be chosen.
Discussion Forum - Knowl .....

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..... edge Sharing .....

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