Rate of GST for Clo

[GurjeetSingh Walia]

I want to do real estate business in which I am planning to make 35 residential house completely gated colony is it is necessary to register with GST and what will the GST rate applicable on me.

AI Summary

GST Registration & Rates Explained for Real Estate Projects: Mandatory for Turnover Over 20 Lakhs, Booking Conditions Apply An individual inquired about the necessity of GST registration and applicable rates for a real estate project involving 35 residential houses. A respondent clarified that if the houses are booked before completion and the turnover exceeds 20 lakhs, GST registration is mandatory. Another respondent asked whether the project is on owned land or through a joint development. The inquirer further sought advice on the GST rates for semi-finished and fully furnished houses.