HSN CODE for SALE OF FLATS

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The HSN code for the sale of residential flats is 995411, covering construction services for residential buildings. GST is applicable to under-construction flats at 5% or 1% for affordable housing, provided specific conditions are met. However, completed flats with an Occupancy Certificate are exempt from GST as their sale is considered a transaction in immovable property.

Yln Murthy

Yln Murthy (Querist)

07 November 2025 What is the HSN CODE for Sale of Residencial Flats ?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

07 November 2025 - HSN Code: 995411
- Description: Construction services of single dwelling or multi-dwelling or multi-storied residential buildings
- Applicability:
- Under-construction flats: GST applies at 5% (without ITC) or 1% (for affordable housing) under specified conditions.
- Completed flats (with Occupancy Certificate): No GST applicable — sale is treated as a transaction in immovable property, not a supply under GST.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)

09 November 2025 Good luck...

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