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Applicable GST rate 5% or Concessional rate of 1% ?, Goods and Services Tax - GST

Issue Id: - 115684
Dated: 18-11-2019
By:- hubert fernandes

Applicable GST rate 5% or Concessional rate of 1% ?


  • Contents

We are executing a residential project being classified as "Non affordable". One of the existing customers has availed a Housing loan from the bank under scheme CLSS (PMAY) and is making a request that GST be levied by builder at a concessional rate of 1%.

please advise us whether the same is provided in statue books Or when Affordable projects constructed by Builder shall attract concessional rate of 1%

Regards

Hubert

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Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 18-11-2019
By:- Himansu Sekhar

Rate will be 5%


Page: 1

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