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Home / Finance / Taxes / What is the Gst calculation on the redevelopment of property?
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What is the Gst calculation on the redevelopment of property?

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0 2022-11-18T10:42:42+00:00
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Hi there

If a property is going for redevelopment, the builder needs to pay his entire GST liability, 5% on the gross amount he receives for selling the flat to a buyer. 

If it seems confusing, it is better to seek some legal expert’s help and then proceed.

 

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