GST ON OFFICE

[NILESH PITALE]

Dear Expert

Our Client Entered in to the Agreement in the Month of March-2024 which was duly Registered and O C Received in the Month of Sept-2024.

Builder has now raised GST Demand.... is it Correct ?

Please Guide

AI Summary

GST Demand on Office Purchase: Experts Clarify Applicability Based on Payment Timing and Completion Certificate Issuance. A client entered an agreement for an office purchase in March 2024, with the completion certificate received in September 2024. The builder has now demanded GST, prompting a query on its correctness. Experts discuss the applicability of GST, emphasizing that GST is applicable if any payment was made before the completion certificate issuance. They reference various Supreme Court judgments, including those involving works contracts and service tax laws, to clarify the legal position. The discussion also touches on the distinction between works contracts and works contract services under different tax regimes.