Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
Rate of tax - Whether different rates of GST can be levied to affordable and non-affordable residential apartments in a single project/ building that is being developed as Residential Real Estate Project? - The AAR in this ruling clarifies that different GST rates for affordable and non-affordable residential apartments can indeed be applied within the same project. The applicable GST rates are 1.5% for affordable units and 7.5% for non-affordable units, as per the respective entries in Notification No. 11/2017-Central Tax (Rate).
Rate of tax - Whether different rates of GST can be levied to affordable and non-affordable residential apartments in a single project/ building that is being developed as Residential Real Estate Project? - The AAR in this ruling clarifies that different GST rates for affordable and non-affordable residential apartments can indeed be applied within the same project. The applicable GST rates are 1.5% for affordable units and 7.5% for non-affordable units, as per the respective entries in Notification No. 11/2017-Central Tax (Rate).
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4803
Join Channel
TaxTMI 
