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GST - Highlights / Catch Notes

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Rate of tax - Whether different rates of GST can be levied to ...


GST Rates Differ for Affordable vs. Non-Affordable Apartments in Same Project; 1.5% for Affordable, 7.5% for Others.

March 6, 2024

Case Laws     GST     AAR

Rate of tax - Whether different rates of GST can be levied to affordable and non-affordable residential apartments in a single project/ building that is being developed as Residential Real Estate Project? - The AAR in this ruling clarifies that different GST rates for affordable and non-affordable residential apartments can indeed be applied within the same project. The applicable GST rates are 1.5% for affordable units and 7.5% for non-affordable units, as per the respective entries in Notification No. 11/2017-Central Tax (Rate).

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