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Rate of tax Residential Flats, Goods and Services Tax - GST

Issue Id: - 116038
Dated: 20-2-2020
By:- Bharat Cholleti
Rate of tax Residential Flats

  • Contents

sir,

Builder selling semi finished flats executed sale deed for Govt rate and also executing work order for balance work. For semi finished flats @5% and for work order@18% correct or for total consideration sale deed plus work order 5% please advice.

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1 Dated: 27-4-2020
By:- KUNAL DESAI

Dear Sir,

Please answer my following questions.

1) Size of Flats and consideration charged to buyer

2) What is executing work order? Why builder needs to execute work order?

3) What is balance work?

4) What is correlation between selling semi finished flats and work orders?

You are requested to elaborate more ALONG WITH AN EXAMPLE and please write specific issue.


1

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