Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

GST rate for individual residential house.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear Sir can you please provide me clarification on GST rate for providing service to build only individual residential house (not including land). Case- I owned piece of land and I want to construct house over there so i hired the civil engineer for the same. Contract value is 25 lakh for building house including labor and material. So what will be the GST rate levied by civil engineer for provid .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ing the service. What will be the GST rate if contract is consist of providing only labour servies(not material)?? Thank You..!!! - Reply By KASTURI SETHI - The Reply = Construction of individual residential house is exempted from GST. - Reply By SARVESH RANE - The Reply = First of all Thank you sir. I'm little confused about the same. If civil engineer issues the invoice to customer then .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... in which section it is exempt?? And what will be consequences of the GST paid by the civil engineer on purchase of the material purchased for the residential house. - Reply By KASTURI SETHI - The Reply = ITC is not allowed in view of exempted service. Otherwise also virtually ITC is not permitted in construction service. - Reply By Himansu Sekhar - The Reply = If it is pure supply of labour .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... , then no GST. If the person carries out Works contract services, GST at the rate 18%. - Reply By Rajagopalan Ranganathan - The Reply = Sir, Services provided by way of pure labour contracts of construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of a civil structure or any other original works pertaining to the benefi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ciary-led individual house construction or enhancement under the Housing for All (Urban) Mission or Pradhan Mantri Awas Yojana. is chargeable to Nil rate of GST vide Sl. No. 10 of Notification No. 12/2017- Central Tax (Rate) dated 28.6.2017 as amended. - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = I endorse the views of the experts. - Reply By Ganeshan Kalyani - The Reply = It is .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... exempt. - GST rate for individual residential house. - Query Started By: - SARVESH RANE Dated:- 26-9-2018 Goods and Services Tax - GST - Got 7 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates