I got another letter which mentions that I as a Buyer of flat has to pay handling charge of 5/- per sq. ft. per month along with maintenance charge of 2/- sq. ft. per month because you did not take possession.
Have you gone through the conditions of the sale agreement with reference to this clause which the builder is now trying to impose
If there are no such conditions, you may protest over it and even refuse or negotiate the amount if it is found to exorbitant.
Apart from that he is asking for GST of 18% on all penalty i.e. Interest amount which was imposed earlier + Holding charges + Maintenance charges.
Owners of flats will have to pay 18 per cent GST on maintenance charges.
However, services provided by government or local authorities to persons other than business entities are exempt from GST. But the FAQ's maintain that "sinking fund, repairs and maintenance fund, car parking charges, non-occupancy charges, or simple interest for late payment of dues owed to a CHS will attract GST as these are collected for supply of services meant for members.”