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of <h1>India Amends GST Rates: Housing Projects, Real Estate, and Environmental Services Impacted by Notification No. 1/2018-Central Tax (Rate.</h1> The Government of India issued Notification No. 1/2018-Central Tax (Rate) to amend the previous notification No. 11/2017-Central Tax (Rate) dated June 28, 2017. The amendments involve changes to tax rates and conditions for various services under the Central Goods and Services Tax Act, 2017. Key changes include adjustments in tax rates for services related to housing projects under the Pradhan Mantri Awas Yojana, works contracts, housekeeping, and real estate services. Additionally, specific provisions are introduced for services like time charter of vessels, maintenance, and environmental protection services. The notification aims to streamline tax rates in alignment with public interest and government recommendations.
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