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Construction of single unit bungalow, Goods and Services Tax - GST

Issue Id: - 112851
Dated: 21-9-2017
By:- Balvinder Chandok
Construction of single unit bungalow

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I purchase a developed plot and then construct a duplex on it with my own money or loan money. After that I sell it out to customer ,do I have to charge gst on my sale price. I only do 3-4 units in a year. Am I exempted from gst aor should I charge it from customer

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Showing Replies 1 to 5 of 5 Records

1 Dated: 21-9-2017

If you charge whole amount after occupation certificate and occupation of house, whichever is earlier, it is exempted.

2 Dated: 21-9-2017
By:- Balvinder Chandok

It is necessary that occupancy certificate should be of date before 1st of July i.e. before implementation of GST or Completion Certificate can be taken after . July also. Then also i exempted

3 Dated: 21-9-2017

This condition remains the same whether pre-GST GST era or post GST era.

4 Dated: 21-9-2017
By:- Himansu Sekhar

If it is a completed house, there will be no gst.

5 Dated: 22-9-2017
By:- Ganeshan Kalyani

If occupation certificate is received at the time of sale then GST is not applicable.


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