Generally residents are not aware that they need to pay GST along with the maintenance charges. So, before telling you how to check GST paid by builder , let me tell you when is GST imposed.
Run due diligence by expert lawyers at NoBroker before buying a property!When is GST imposed?
No GST will be imposed if the monthly maintenance charges are less than Rs. 7500
You need to pay GST if the monthly maintenance charges are more than Rs 7,500.
Builders can charge advance maintenance charges for 1-2 years from residents. Consumers should check out their maintenance bill to know how much GST builder has taken from them.
Builders also charge GST on under construction property. The builder has to collect the GST and deposit it. GST charges are paid by builder.
How to check GST paid by builder?
Buyers can check if the builder has deposited the amount by obtaining the GST number from the builder.
Here’s how you track status of GST Payment
Go to the GST portal and go to Track GST Payment Status at:
https://payment.gst.gov.in/payment/trackpayment
Fill in the GSTIN Number.
Fill in the CPIN.
Hit on Track status.
I hope you know how to check GST paid by builder now.
Read more:
What is the
GSTcalculation on the redevelopment of property?
How much
GSTon credit card EMI?
Is
GSTApplicable For Ready To Move In Flats?
How to check GST paid by builder?
Anamika
1676 Views
1
2 Year
2022-11-30T10:14:30+00:00 2022-11-30T10:14:31+00:00Comment
Share