GST on balance payment for completed apartments

Hello Prasad

GST is not applicable for the flats for whom you have received Completion certificate

Gst applicable on under construction property only thus on completed property no GST levy

Hi Prasad,

GST is not applicable for the flats which have received occupancy certificates. Hence, in your case no need to pay GST.

Please feel free to call/ revert in case you need more clarity.

Thanks and regards

Abhishek Dugar

CA CS B.Com

Hi Prasad

Since you had already obtained the Occupancy Certificate before 3 years, the flat was completed before the GST implementation and hence there is no levy of GST. You can pay the balance amount without charge of any GST.

Yes sir it will be applicable

Hello,

No GST is payable if the property is already constructed and OC has been received.

Trust this clarifies your query.

Feel free to call / get back in case of further clarifications.

Thanking You.

Regards,

Rohit R Sharma

BCOM, FCA, LLB, CERT. FAFP

Hi,

No GST is applicable since you have already received your Occupation Certificate.

Regards,

Keerthiga Padmanabhan

M.Com., CA, LL.B