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Indirect Taxation
What does the 1% and 5% mean here?
Answers (5)
If TDR, FSI,long term lease is supplied by owner and such developer constructed both affordable house and other than A.H Then such houses are sold by developer after issuance of completion certificate then we know on sale of such house there is no gst. However upon supply of above 3 items depending upon type of house sold 1% and 5% is applicable