AAR: Construction services for residential units <60 sq.m & commercial area <15% qualify for 8% GST after land value deduction.
Case-Laws
GST
Construction services for residential units less than 60 square meters attract 12% GST rate, reduced to 8% effective rate after deducting one-third value on account of land transfer, as per Notification No. 11/2017-Central Tax (Rate) dated 28.06.2017 as amended by Notification 03/2019-Central Tax (Rate) dated 29.03.2019, specifically under entry 3
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