GST Rate on Non-Affordable Residential Apartment Construction

In re Prime Property Developers (GST AAR Kerala) The GST rate for the construction of residential apartments, excluding affordable ones, has been a topic of discussion. A recent ruling by AAR Kerala addresses this issue, providing clarity on the applicable GST rate and taxable value for such constructions. In this article, we will examine the ruling and understand the implications for Prime Property Developers and the real estate sector. Analysis: The ruling analyzes the GST rate and taxable value for the construction services of villas provided by Prime Property Developers. As per the content...