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GST - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Liability of tax - The applicant has received advance towards ...


Advance Payment for Villa Sale Taxed at 12% Under GST Act Before Completion Certificate Issuance.

October 22, 2018

Case Laws     GST     AAR

Liability of tax - The applicant has received advance towards sale of villa prior to issuance of completion certificate. Hence, the same is taxable under GST Act @ 12%.

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