GST can’t be demanded if a flat price is advertised and sold as inclusive of GST https://www.taxtmi.com/article/detailed?id=14774 Where a developer expressly advertised the sale price of flats as inclusive of GST, that advertised representation created a binding expectation preventing the developer from later demanding additional GST from allottees who paid the stated price; as drafting party the developer must bear omissions or ambiguities, with promissory estoppel and contra proferentem principles applied and the developer required to reconcile tax from amounts already collected and bear any statutory interest or penalties. en-us Wed, 09 Jul 2025 08:52:11 +0530 Wed, 09 Jul 2025 08:52:11 +0530 TaxTMI RSS Generator GST can’t be demanded if a flat price is advertised and sold as inclusive of GST https://www.taxtmi.com/article/detailed?id=14774 Where a developer expressly advertised the sale price of flats as inclusive of GST, that advertised representation created a binding expectation preventing the developer from later demanding additional GST from allottees who paid the stated price; as drafting party the developer must bear omissions or ambiguities, with promissory estoppel and contra proferentem principles applied and the developer required to reconcile tax from amounts already collected and bear any statutory interest or penalties. Articles Goods and Services Tax - GST Wed, 09 Jul 2025 08:52:11 +0530 https://www.taxtmi.com/article/detailed?id=14774