Q:After GST implementation, as per the Central government act, all promoters developers required to register their existing ongoing new projects do not have completion cerificate with RERA within three months. In case of flat resale, what is the applicable for GST rate? Stamp charge and registration charges also inciluded while calculating the tax?
Latest Answer: Hello Dev,
A resale property is an immovable property. Thus, it is not covered under the definition of goods under the GST regime and therefore, there will be no impact on resale properties.