GST should be applicable only when builder pay commssion to real estate consultants.

Gst should be only applicable to Real estate consultant only when the builders pay commssion to associate. It is big problem for real estate consultants to submit bill and pay gst in advance without getting Singel penny from the builders. It takes years to get payment from the builder. more  

www.sawansociety.com On Fri, 9 Oct 2020, 08:56 Anonymous Circle Member, < support@localcirclesmail.com> wrote: > more  
When a buyer purchase a flat directly from the builder, even then the buyer is forced to pay GST on behalf of the builder. more  
If the bill is not paid within 180 days the builder can not take itc credit if builder collects gst 12% from flat sale . You raise proforma bill and gst bill will be raised at the time of payment more  
What is the ACCOUNTABILITY of the so-called REAL ETATE CONSULTANT? Could you kindly list out these? Is the R.E.C. responsible if the builder delays the delivery of the homes? Every Real Estate so-called consultant gets brokerage from the Buyer already,,,, actually for doing JUST NOTHING. more  
you pay him only you r deal is over, and you are satisfied that the flat has been registered/ possession taken. they also get commission from the builder......and in many cases there are chains of brokers who call themselves as consultants more  
gst IS LEVIABLE WHENTHE SERVICES ARE RENDERED, AND THE BILL IS RAISED....WHEN YOU RECEIVE THE MONEY IS NOT THEIR PROBLEM.HOWVER IF YOU DO NOT GET TH EMONEY IS 6 MONTHS EVEN THE BUILDER CANNOT GET THE INPUT CREDIT. more  
Post a Comment

Related Posts

    • Corruption in GST

      GST office dont make any gate pass , no security checks . Is this to facilitate people to walk in with cash and gifts for officials. What happens if terrorist gets in .

      By Rajeev Bhargava
      /
    • Taxation is hell

      Indian taxation is truly hell, the average Indian gets paid 20x less than average westerner but pays 10x more for essentials like laptops while 50x for cars. This is literally butchering the middle...

      By Naina Mittal
      /
    • Corruption in gst

      According to my husband, Corruption in GST starts from registration itself now. Getting told it's impossible to get it done in Delhi without a bribe. You get a query for more docs with t...

      By Naina Mittal
      /
    • Is there a GST bribe rate card now

      You can get a rate card for everything in gst office Registration 10k Assessment where no tax payable 15 k Refunds 4% This is what a friend is saying. LC Manager must esc...

      By Naina Mittal
      /
    • GST cancellation

      Nephew had applied for GST cancellation a couple of months back but continues to receive notices from GSTN for failure to file monthly return. His accountant tells him that GST office will not proc...

      By Naina Mittal
      /
    • 7 years of GST

      7 years post the launch of GST I must tell you that most retail services businesses in India still evade it and Govt has failed to do anything. From ac repair fellow to caterers and from...

      By Sudesh Rai
      /
    • Small Business and cost of compliance

      My cousin’s friend runs a local bakery in Goa. He accepts only CASH. No UPI/CC/Debit Card-- nothing! Logic: if he accepts anything in 'white', he will pay around...

      By Sudesh Rai
      /
    • Does GST benefit rich

      Interesting how poor people and commoners pay GST on pretty much everything they buy from biscuits to namkeen, milk to grocery And rich buys iPhone, Luxury Cars, etc as Business Expenses...

      By Sudesh Rai
      /
    • Wrong public priorities

      Cut & polished diamonds are charged 1.5% GST. Flour & curd are charged 5% GST. Diamond walas can fund politics but aate dahi doodh walas can’t?? Plea...

      By Sudesh Rai
      /
    • Why is GST council losing it in a hurry

      The GST Council has recommended 5% GST on dairy items like pre- packed, pre-labeled curd, lassi and butter milk and increasing GST on dairy machinery and milking machines from 12% to 18%. This move...

      By Rohit Garg
      /
    • GST rates need rethink

      Bicycle will attract a GST rate of 12%, but diamonds will attract only 0.25%. At a time when people aren't able to afford petrol & the poor are forced to commute on cycles, the govt charges 12%...

      By Ruchika L Maheshwari
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)