/c/adv: Advice

72972 stories 49071 subscribers

Moderators

0

Is GST applicable on office space purchase? www.laxmigroup.coban site

Yes, GST is applicable on office space purchase, but it depends on certain things. If you are buying a new office space directly from the builder or developer (like Laxmi Group), then GST will be charged. The GST rate is usually 12% for commercial properties like office units. However, if you are buying an office space for sale in Ahmedabad in a ready-to-move-in project (where the builder has received the completion certificate), then GST is not applicable. This rule is the same across India, including for office space for sale in Ahmedabad. If you buy a resale office unit from someone else (not the builder), then GST is not charged, because the seller is not a builder or developer. So, if you are looking at resale office space for sale in Ahmedabad, you might not have to pay GST. Builders like Laxmi Group offer commercial projects with modern features. But if the project is under construction, then GST will be added to the price. Always ask the builder if GST is included in the final cost.
Read the full article on www.laxmigroup.co
category adv posted by arpan1586 20 days ago 0 comments edit flag/unflag delete delete and ban this url

Comments (0)

You need to be logged in to write comments!
This story has no comments.