Press Release dt. 8.12.2018
It is brought to the notice of buyers of constructed property that there is no GST on sale of complex/ building
and ready to move-in flats where sale takes place after issue of completion certificate by the competent
authority. GST is applicable on sale of under construction property or ready to move-in flats where completion
certificate has not been issued at the time of sale.
Effective rate of tax and credit available to the builders for payment of tax are summarized in the table for
pre-GST and GST regime.