Builder is charging 12% GST instead of 8% for MIG2 group

If builder has adjusted 1/3 Rd value in the total agreement value and then charged GST @12% then it is correct as ultimately it comes to me 8%.The benefit is only of GST under PMAY.

Hi,

It seems that the price has been adjusted to reflect the 8% GST. If what the builder is saying is correct then it is fine and there is no overpayment from your side. However you may want to understand the calculations from the builder- both pre and post GST adjustment.

Regards,

Nikhil.

Hi,

If you have purchased the flat under PMAY scheme, then you are eligible for GST rate of 8%. It is over and above the anti-profiteering discount.

It's applicable from 22 August 2017. Kindly refer Notification No. 20/2017-Central Tax (Rate).

Yes, 8% GST for mig and Whatever builder is explaining you are two different things.

Hi

The builder's point of view is not correct.

GST should have been charged @ 8% on the reduced agreement value if you're registered under PMAY.

Hi,

Hope you are doing well !

Yes,you can get 4% discount on GST over and above anti profiting discount which builder has offered to each customer, as you are eligible for 8% GST as mentioned in Notification no. 20/2017 applicable from 22 August, 2017.

Thanks & Regards,

Payal Chhajed

Hi

if carpet area is less than 60 sq meter then you will be eligible for 8% gst rate irrespective of income category