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I am also looking to invest in an under-constructed flat so I know the GST Rates for under-construction commercial and residential properties:
Property Type |
GST Rate |
Affordable housing residential properties |
1 percent without Input Tax Credit |
Other residential properties |
5 percent without Input Tax Credit |
Commercial Properties |
12 percent with Input Tax Credit |
Read more:
How to Calculate GST on Under Construction Property?
You’re facing any legal issues during buying/selling the property, then consult NoBroker’s Legal Experts to get them resolved
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Smita
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2 Year
2022-04-18T12:13:03+00:00 2022-04-18T18:45:21+00:00Comment
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