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Home| Questions|Q 85472
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Expert Civil Latest Questions

Mahima Singh
Mahima Singh
Asked: December 6, 20222022-12-06T22:29:23+05:30 2022-12-06T22:29:23+05:30In: Estimation and Costing

How to calculate gst on under construction property?

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    1. Vaibhav Verma
      Vaibhav Verma
      2022-12-08T15:42:59+05:30Added an answer on December 8, 2022 at 3:42 pm

      GST on the sale of under-construction properties is currently levied at 12%. The GST rate is applicable on the total cost of the flat, including any taxes or charges that may be included in the cost of acquisition. To calculate GST on under construction property, you will need to calculate the totalRead more

      GST on the sale of under-construction properties is currently levied at 12%. The GST rate is applicable on the total cost of the flat, including any taxes or charges that may be included in the cost of acquisition.

      To calculate GST on under construction property, you will need to calculate the total cost of the property, including all taxes and charges, and then multiply by 12% to get your GST amount.

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