There is a building whose 90% construction is completed prior to the implementation of GST. Occupancy Certificate from the Municipal Department is awaited as on today.
Queries are:
1) As construction of 90% has been completed prior to the implementation of GST, can any ITC be claimed (if yes, to what extent)?
2) What would be the percentage (rate) of GST prior to receipt of Occupancy Certificate?
3) What would be the percentage (rate) of GST after receipt of Occupancy Certificate?
What is the stand on GST if the number for flats are Less than 10. |