https://www.taxtmi.com/forum/issue?id=112557 GST applies to staged payments for under-construction residential units after the GST effective date; prior regime taxes (service tax and VAT) were payable on advances until occupation certificate. Builders may claim input tax credit under GST, and anti-profiteering rules require passing reductions from tax credits to buyers, enabling purchasers to seek adjustments where benefits are not reflected in payable instalments. en-us Wed, 09 Aug 2017 00:33:04 +0530 Thu, 23 Jan 2025 15:55:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112557 GST applies to staged payments for under-construction residential units after the GST effective date; prior regime taxes (service tax and VAT) were payable on advances until occupation certificate. Builders may claim input tax credit under GST, and anti-profiteering rules require passing reductions from tax credits to buyers, enabling purchasers to seek adjustments where benefits are not reflected in payable instalments. Discussion-Forum GST Wed, 09 Aug 2017 00:33:04 +0530 https://www.taxtmi.com/forum/issue?id=112557