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GST ON REP Project, Goods and Services Tax - GST |
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GST ON REP Project |
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1. What will be the GST rate on Project where Commercial portion is 40% and residential is 60%?? Do we need to maintain separate books for availing lower tax rate?? 2. What will be GST rate on the portion of Landowner sale of commercial part on the said project??? Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Commercial units would be liable at 18% Residential units at 5% ITC will be available in respect of commercial units. This can be ascertained on the basis of carpet area.
Landowner units sale also will be same as above. Page: 1 Old Query - New Comments are closed. |
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