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GST - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Rate of GST - ITC - The rate of tax to be levied is 12% (8% GST ...

GST

September 17, 2018

Rate of GST - ITC - The rate of tax to be levied is 12% (8% GST after deducting value of land) in case of Affordable Housing Project. If the project qualifies as an Affordable Housing Project, then registration under Pradhan Mantri Awas Yojana is not required to avail this benefit - The applicant will be eligible for ITC subject to fulfilment of conditions as prescribed under the GST Act.

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