TMI Blog2021 (10) TMI 624X X X X Extracts X X X X X X X X Extracts X X X X ..... a person is acquiring a dwelling under the credit linked subsidy scheme for economically weaker section fulfilling all the conditions and formalities from designated banks/financial institutions under such scheme then he is eligible for the concessional rate of tax under the said notification. Thus, the notification is applicable if the condition of credit linked subsidy scheme is availed under ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the CGST Act would also mean a reference to the same provision under the TGST Act. Further, for the purposes of this Advance Ruling, the expression GST Act would be a common reference to both CGST Act and TGST Act. 3. It is observed that the queries raised by the applicant fall within the ambit of Section 97 of the GST ACT. The Applicant enclosed copies of challans as proof of payment of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... isions of CGST Act, 2017 on amount received from the customers claiming the benefit of PMAY scheme. 6. Personal Hearing: The Authorised representatives of the unit Sri. M. Rama Chandra Murthy, Chartered Accountant attended the personal hearing held on 11-11-2020. However, orders were not passed due to the retirement of State Member on superannuation. Further, Government of Telangana vide G ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... g to the houses constructed or acquired under the Credit Linked Subsidy Scheme for Economically Weaker Section (EWS)/ Lower Income Group (LIG)/ Middle Income Group-1 (MlG-1)/ Middle Income Group-2 (MlG-2) under the Housing for All (Urban) Mission/ Pradhan Mantri Awas Yojana (Urban). In view of the above new entry, if a person is acquiring a dwelling under the credit linked subsidy scheme fo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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