GST on Property Calculator Taxes & Statutory Fees

Calculate Goods and Services Tax (GST) for under-construction vs ready-to-move (OC received) real estate.

Suite
GST Assessment Parameters
GST Council 2019 Regime
60 Lakhs
₹
Under-Construction Residential (Standard) Effective 5% GST without ITC (1/3rd land deduction applied)
5% GST
Under-Construction Affordable Housing Carpet area ≤60/90 sqm AND Agreement ≤ ₹45 Lakhs
1% GST
Ready-to-Move Property (CC / OC Received) Complete exemption under Schedule III of CGST Act
0% (Exempt)
Commercial Units (Shops, Offices, Showrooms) 12% GST with Input Tax Credit (ITC) eligibility
12% GST
Standard 18% GST
₹
Services like clubhouse membership, preferred location charges (PLC), and electrification attract 18% GST independently.
GST Law Notice: GST is strictly payable on under-construction real estate. No GST is applicable on resale properties or properties sold after receiving completion certificate (CC) / occupancy certificate (OC). Stamp duty and registration charges are separate statutory levies.
Total GST Payable

₹ 3,45,000

CGST: ₹1,50,000 | SGST: ₹1,50,000
Total Cost (With GST)

₹ 65,95,000

Effective GST: 5.5% on Total
Tax Savings vs 5% Standard

₹ 0

Standard UC rate selected
Input Tax Credit (ITC)

Not Eligible

Under 2019 residential regime
Acquisition Cost & GST Composition
Itemized Outlay
Itemized GST Tax Computation
Component Taxable Value Rate CGST SGST Total with GST
Agreement Consideration Standard Residential ₹ 60,00,000 5% ₹ 1,50,000 ₹ 1,50,000 ₹ 63,00,000
Ancillary Services Club, PLC, Infrastructure ₹ 2,50,000 18% ₹ 22,500 ₹ 22,500 ₹ 2,95,000
Grand Total Outlay ₹ 62,50,000 - ₹ 1,72,500 ₹ 1,72,500 ₹ 65,95,000