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How the GST is calculated on underconstrcted flat

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0 2022-04-18T18:37:27+00:00

Hey,

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?

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