This discussion clarifies the Goods and Services Tax (GST) applicable to the sale of affordable housing flats. For sales within the same state, the applicable GST is 1%, split between 0.5% Central GST (CGST) and 0.5% State GST (SGST). The relevant HSN code for residential housing construction services is 9954-11.
29 July 2022
Sir/Madam, Sale of flats under affordable housing GST rate is 1%. Sale is within the state, so do I need to pay .5 and .5 CGST and SGST or 1% under integrated tax...please help