I have one query about GST applicable on purchase ready to move flat at Ranchi.
Actually I have booked a flat at Ranchi for total cost of Rs.55.51 lakhs. For above purchase I had paid Rs.25.51 lakhs in the month of June 2017 and my Builder has demanded service tax 3.75% (15% on !/4th cost of flat). Balance amount Rs. 30.00 lakhs had been paid by bank on loan to my builder through cheque in the month of July,12th 2017. For remaining 30 lakhs my builder is demanding GST * 12% i.e. Rs.3.60 lakhs (Total 360000+95663 = 455663). Can you suggest me what would be GST applicable on my above ready to move flat at Ranchi,Jharkhand .
With Regards,
S K Sinha
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