GST RATE FOR REAL ESTATE


This query is : Resolved 

(Querist)
29 January 2025 Sir/Madam

What is the new GST rate for commercial projects? is it 12% or 18% ? ITC available or not ? Please explain.

Atit Shah (Expert)
30 January 2025 Its 12% with ITC.. Original Rate is 18% but 1/3 Portion is given as exclusion of Land. so Effective rate is 12% with ITC.


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