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GST - Highlights / Catch Notes

Home Highlights July 2021 Year 2021 This

Rate of GST - unbooked 11 units in the project , which did not ...


GST Rate Dispute: Are Unbooked Units in Unapproved Project Subject to Old or New Rate? Key Notification Insights.

July 14, 2021

Case Laws     GST     AAR

Rate of GST - unbooked 11 units in the project , which did not get the approval for villa from local authorities before 31.03.2019 - levy of old GST rate or new GST rate - as per provisions of the said notification, the option to pay tax at the old rate can only be exercised project-wise and not for part of project or individual apartments / villas comprised in a project. - AAR

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