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GST ON REP Project, Goods and Services Tax - GST

Issue Id: - 117659
Dated: 22-11-2021
GST ON REP Project

  • Contents

1. What will be the GST rate on Project where Commercial portion is 40% and residential is 60%?? Do we need to maintain separate books for availing lower tax rate??

2. What will be GST rate on the portion of Landowner sale of commercial part on the said project???

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Showing Replies 1 to 2 of 2 Records

1 Dated: 24-11-2021
By:- Shilpi Jain

Commercial units would be liable at 18%

Residential units at 5%

ITC will be available in respect of commercial units. This can be ascertained on the basis of carpet area.

2 Dated: 24-11-2021
By:- Shilpi Jain

Landowner units sale also will be same as above.


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