GST rate on commercial property

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75 Points Posted on 11 January 2020
GST rate on commercial property under construction
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On 11 January 2020 at 18:37 Report
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This discussion clarifies the Goods and Services Tax (GST) rate applicable to commercial properties currently under construction. While some believe the rate is 12%, it's confirmed that for properties in specific schemes like RREP, the rate is 5% without OY. Notification 03/2019 CT (RATE) dated 29/03/2019 provides further guidance on this matter.

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GST Practitioner
55067 Points Posted on 11 January 2020
Construction of Commercial apartments in RREP is 5% without OYC
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On 11 January 2020 at 20:33
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75 Points Posted on 11 January 2020
Any circular please reconfirm because my opinion GST rate @ 12 please guide us
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On 11 January 2020 at 23:18
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GST Practitioner
55067 Points Posted on 12 January 2020

KINDLY REFER NOTIFICATION 03/2019 CT (RATE), DATE 29/03/2019

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On 12 January 2020 at 13:57

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