Watch the video to learn about the GST rates charged on under construction flats or housing projects as well as ready to move in flats. You can also learn about how to calculate GST on purchase of flats, as well as what happens to GST that is paid earlier in case booking gets cancelled later on. Central Tax (Rate) Notification number 3/2019 revised GST rates for the real estate sector. The reduced GST rates of 1% and 5% shall be applicable from 1st April 2019, but the builder cannot avail input tax credit. For detailed understanding, read our article: https://cleartax.in/s/gst-real-estate-sector-affect?forceCacheReload=1 Try ClearTax GST software for a 100% accurate and seamless GST return filing by visiting gst.cleartax.in ----------------------------------------------------------------------------------------------------------------Leave us a comment if you have any questions on GST. Please like, share and subscribe to ClearTax #gstonflat #gstonhouse #gstonrealestate #gstrate #cleartax #affordablehousing #itc #inputtaxcredit