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GST is applicable on payments made after 1st July 2017. In your case since the property is under construction, if in case you have payments a due post 1 st July 2017, you will have to pay 12% of the due payment as GST.
Wazzeer can help you with all these property related matters while you focus on more important things...
Wazzeer Professional Network
ProfessionalIs GST applicable on an under construction property in Bangalore, if so how much do I need to pay to the builder?
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Wazzeer Professional Network
ProfessionalGST is applicable on payments made after 1st July 2017. In your case since the property is under construction, if in case you have payments a due post 1 st July 2017, you will have to pay 12% of the due payment as GST.
Wazzeer can help you with all these property related matters while you focus on more important things, to take this discussion forward -> "Get Started!"
almost 3 years ago
View answer
Is GST applicable on an under construction property in Bangalore, if so how much do I need to pay to the builder?
-
Wazzeer Professional Network
ProfessionalGST is applicable on payments made after 1st July 2017. In your case since the property is under construction, if in case you have payments a due post 1 st July 2017, you will have to pay 12% of the due payment as GST.
Wazzeer can help you with all these property related matters while you focus on more important things, to take this discussion forward -> "Get Started!"
almost 3 years ago
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