TG RERA asks builder to refund Rs 1.04 crore over GST issues
Hyderabad, July 18 -- Telangana Real Estate Regulatory Authority (TG RERA) has directed Hyderabad-based Sukhii LLP to refund Rs 1.04 crore to a buyer, stating that the firm cannot impose Goods and Services Tax (GST) on a customer who has opted out.
The authority asked the firm to refund the loan with an interest rate of 10.7 per cent in 45 days. The case was filed by Vemulapalli Sai Vasanthi and Ghattamaneni Venkat Sai Maithreya against Sukhii LLP, which had booked apartment number 510 in the Sree Sumeru residential project at Uppal Bhagayath.
The apartment, measuring 1,695 square feet with two car parking spaces, was booked in December 2022 and the agreement for sale was executed in February 2023.
According to the agreement, the devel...
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