Before 31-03-2019, can i pay 12% on some flats which are upto 60 sqm and 18% on remaining flats which are in the same building?
GST on Flat
Prudhvi Jakkula
GST on Flats: Choose 8% Without ITC or 12% With ITC for Entire Project, No Mixed Rates Allowed. A discussion on a forum addresses a query about the applicable Goods and Services Tax (GST) rates on flats in a building. The inquirer asks if they can apply different GST rates of 12% and 18% to flats of varying sizes within the same building. Respondents clarify that a single option must be selected for the entire project, either 8% without Input Tax Credit (ITC) or 12% with ITC, and it is not permissible to use a mixed approach. The discussion emphasizes that the choice must be consistent for ongoing projects. (AI Summary)