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 5 days ago in GST from Hyderabad, Telangana
No, GST is not applicable after getting NOC or CC
Vidya Jain
CA, Kolkata
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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
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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
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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
2201 Answers
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