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GST on elevator for single residential unit., Goods and Services Tax - GST |
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GST on elevator for single residential unit. |
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What is the current gst rate for elevator in a single residential unit (private home)? 12% or 18%? Notification and HSN details please. Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
As per serial no 372B of notification no. 1/2017, lift falls under HSN 8428 attracting 18% GST.
Companies like OTIS and KONE supposedly are charging 12% GST on elevators installed for domestic use. They in return take some kind of bond signed from customers. However, all other companies are still charging 18% GST to their customers, even from those who install it in their private bungalows. I would request experts from this group to shed some light on this matter. As this would really be helpful for private end-users. Can we also charge 12% and if yes then what would we require from customers? Page: 1 Old Query - New Comments are closed. |
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