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Rate issue

Rate / HSN codes 157 views 7 replies
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accounts excutive
22 Points Joined April 2013
please give the rate of construction of residential complex is it 12% or 18%???
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On 16 August 2017 at 21:31 Report
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114 Points Joined April 2016
now reduced to 12, notification not yet issued. see cbec website
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On 16 August 2017 at 22:09
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GST Consultant
15986 Points Joined March 2013
The rate is 18%. However where value of land is included there is an abatement of 1/3 value so it effectively comes to 12%. But the actual rate remains 18%.
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On 16 August 2017 at 22:27
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114 Points Joined April 2016
last week it is announced by GST council. all works contract rate reduced. wait for notfn
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On 16 August 2017 at 22:36
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GST Consultant
15986 Points Joined March 2013
Ma'am that was for works contract services given to government and local & governmental authorities.
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On 16 August 2017 at 22:42
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114 Points Joined April 2016
is it
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On 16 August 2017 at 22:51
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114 Points Joined April 2016
could u pl send me the notification
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On 16 August 2017 at 22:52
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GST Consultant
15986 Points Joined March 2013
The notification has not yet been issued. But that was the decision taken by the GST council in its 20th meeting held on 5th August.
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On 16 August 2017 at 23:01

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