LawRato

Clarification needed on GST for a single residential building


14-May-2024 (In Tax Law)
I have a turn-key agreement with a builder to build house on my plat and hand it over to me with complete interior. Builder has raised bill with 18% GST without any details. My question is 1. Single residential unit are free from GST vide Notification No. 12/2017 from 28’June’17. Is this correct? 2. If not, how much GST do I need to pay 5% of non-affordable housing or 18% as per builder 3. Should GST be on fixed amt w/o breakup or should I expect c breakdown of material labour and gst
Answers (1)

Answer #1
616 votes
Can you please contact and discuss with us so that we could help you in a better manner. Thanks and Regards
Helpful? LawRato LawRato

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."