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How will GST will applicable to builder?
Q: Is GST applicable on property after I get Occupancy Certificate from the builder?

gst
gst on commercial properties
gst for ready-to-move-in properties
Latest Answer: I agreed with the Padma. Ready to move in an apartment are exempt from GST. GST is only applicable on under construction House but the owner will get the Input credit only on the construction part. But since developer have to pay GST on the whole project and he or she will get credit only on construction cost consequently the rates for whether under construction or ready to use house cost will hike on the proportionate basis, in order to link the gap.
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