No GST on sale of flats with completion certificate
(Date: 10/12/2018)
The Govt. has clarified that there is no GST on sale of complex or building and ready to move-in flats where sale takes place after issue of completion certificate by the competent authority. The GST is applicable only on sale of under-construction property or ready to move-in flats where completion certificate has not been issued at the time of sale.