Home I have a doubt in GST. In case of a builder, a customer booked flat in Jan-18 and paid full consideration lump sum. Subsequently in May-18, he cancelled the flat.

I have a doubt in GST. In case of a builder, a customer booked flat in Jan-18 and paid full consideration lump sum. Subsequently in May-18, he cancelled the flat.

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I have a doubt in GST.
In case of a builder, a customer booked flat in Jan-18 and paid full consideration lump sum. Subsequently in May-18, he cancelled the flat.
Q1) Can builder raise a credit note and reverse GST paid on it ?
Q2) What if, Flat was canceled after 6 months of booking ?

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