Rate of tax Residential Flats

[Bharat Cholleti]

sir,

Builder selling semi finished flats executed sale deed for Govt rate and also executing work order for balance work. For semi finished flats @5% and for work order@18% correct or for total consideration sale deed plus work order 5% please advice.

[KUNAL DESAI]

Dear Sir,

Please answer my following questions.

1) Size of Flats and consideration charged to buyer

2) What is executing work order? Why builder needs to execute work order?

3) What is balance work?

4) What is correlation between selling semi finished flats and work orders?

You are requested to elaborate more ALONG WITH AN EXAMPLE and please write specific issue.

AI Summary

GST rate treatment for semi-finished flats and ancillary work: whether distinct rates apply or a single rate governs.
Whether separate GST rates apply to a builder selling semi-finished residential flats under a sale deed and issuing a separate work order for balance construction, or whether the combined consideration must attract a single rate. The advisor asks for details on flat size and consideration, the nature and necessity of the work order, scope of the balance work, and the factual and contractual correlation between sale deed and work order, requesting an illustrative example.