GST on advance for sale of villas before completion : Goa AAR

By | October 17, 2018
Print Friendly, PDF & Email
(Last Updated On: October 17, 2018)

Determination of liability to pay tax on sale of villas after completion and obtaining necessary approvals from the competent authority

Held

Advance money received for sale of Villa on or after the appointed day, prior to issuance of occupancy certificate by the local panchayat is considered as construction services and GST is applicable on Two third of the amount charged for such supply.

Goa Authority of Advance Ruling

Quattroporteluxury Homes LLP

GOA/GAAR/2 of 2018-19 Dt. 20.09.2018

Download complete Judgment Click here 

Other GST Judgments

Direct Taxes Ready Reckoner
Service Tax Ready Reckoner
Company Law Ready Reckoner
tax deduction at source

Leave a Reply

Your email address will not be published. Required fields are marked *