GST rate on Real Estate
This query is : Resolved
06 October 2020
What is the GST rate for residential real estate project i.e. 1% , 5% or 12% ? Can we took ITC ? please suggest.
Thanks .....
Thanks .....
06 October 2020
GST will be levied at effective rate of 5% without ITC on residential properties outside affordable segment, while GST shall be levied at effective GST of 1% without ITC on affordable housing properties.
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