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RATE OF GST ON UNDER CONS.PROPERTY


07-Jan-2023 (In GST Law)
i have booked a flat on 14/06/2016.In the cost cost sheet builder has charged 4.5%service tax that time on basic price.Now builder is giving possession in Jan-20 and charging 8.25%GST in place of earlier imposed service tax.Is it ok with me?????Kindly tell
Answers (1)

Answer #1
746 votes
I think you are not clear about the query because there is no such slab of 8.25% in Gst. you need to recheck what the builder has stated whereas 8.25% can be a interest which is charged on you home loan(if taken) else you need to recheck your query.
Thanks

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