TMI BlogProfiteering - flat bought in the Respondent's project - The Respondent had sold 85 units before receipt...Profiteering - flat bought in the Respondent's project - The Respondent had sold 85 units before receipt of Occupancy Certificate out of which 32 units were in affordable category on which he had charged 8% GST (after 1/3 abatement towards land) remaining 53 units were other than affordable category on which GST was charged @12% (after 1/3rd abatement towards land). Out of the 85 units, 33 units were sold Post-GST and prices were negotiated after ITC adjustments. Hence, there were only 52 units ..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
