{"id":13774,"date":"2018-09-17T07:42:29","date_gmt":"2018-09-17T02:12:29","guid":{"rendered":""},"modified":"2018-09-17T07:42:29","modified_gmt":"2018-09-17T02:12:29","slug":"affordable-housing-projects-enjoy-a-12-gst-rate-with-8-after-land-deduction-and-can-claim-itc-under-gst-act","status":"publish","type":"post","link":"https:\/\/goodsandservicetax.in\/GST\/?p=13774","title":{"rendered":"Affordable Housing Projects enjoy a 12% GST rate, with 8% after land deduction, and can claim ITC under GST Act."},"content":{"rendered":"<p>Affordable Housing Projects enjoy a 12% GST rate, with 8% after land deduction, and can claim ITC under GST Act.<br \/>Case-Laws<br \/>GST<br \/>Rate of GST &#8211; ITC &#8211; The rate of tax to be levied is 12% (8% GST after deducting value of land) in case of Affordable Housing Project. If the project qualifies as an Affordable Housing Project, then registration under Pradhan Mantri Awas Yojana is not required to avail this benefit &#8211; The applicant will be eligible for ITC subject to fulfilment of conditions as pr<\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n<p align=\"center\"><strong>Plain text (Extract) only<\/strong><BR>For full text:-<a href=\"https:\/\/www.taxtmi.com\/highlights?id=41474\">Visit the Source <\/a><\/p>\n<p align=\"center\">=  =  =  =  =  =  =  =<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Affordable Housing Projects enjoy a 12% GST rate, with 8% after land deduction, and can claim ITC under GST Act.Case-LawsGSTRate of GST &#8211; ITC &#8211; The rate of tax to be levied is 12% (8% GST after deducting value of land) in case of Affordable Housing Project. If the project qualifies as an Affordable Housing &hellip; <a href=\"https:\/\/goodsandservicetax.in\/GST\/?p=13774\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Affordable Housing Projects enjoy a 12% GST rate, with 8% after land deduction, and can claim ITC under GST Act.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-13774","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/13774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13774"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/13774\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}