• If the land lord is having 200 flats in 6 acres is the GST

If the land lord is having 200 flats in 6 acres is the GST applicable after getting NOC or complete occupation certificate 
Asked 11 months ago in GST from Hyderabad, Telangana

No, GST is not applicable after getting NOC or CC

Vidya Jain
CA, Kolkata
639 Answers
15 Consultations

4.8 on 5.0

If you pay advance to the landlord bfore getting CC, then GST will be applicable for your complete transaction. In other words, If you have book a flat before getting CC, then even if thebuilder gets CC after cetain stage, GST will be applicable for entire consideration.

However, if you have book the flat after getting CC, then GST will not be applicable

Vidya Jain
CA, Kolkata
639 Answers
15 Consultations

4.8 on 5.0

Hi

If property is purchased before completion certificate, GST will be applicable; no GST if purchased after receipt of completion certificate.

Lakshita Bhandari
CA, Mumbai
2254 Answers
81 Consultations

5.0 on 5.0

Hi,

If you have purchased the property before completion certificate, GST will be applicable. However, if you have purchased it post receipt of completion certificate, no GST will be applicable.

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

Thanks and regards

Abhishek Dugar

CA CS B.Com

Abhishek Dugar
CA, Mumbai
3576 Answers
162 Consultations

5.0 on 5.0

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