Amendments in the Notification of the Government of Jharkhand, in the Department of Commercial Taxes No.11/2017- State Tax (Rate), S.O 41 dated the 29th June, 2017. - S.O. No. 16-01/2018 State Tax (Rate) - Jharkhand SGST

GST treatment for composite construction and housing schemes refined, including deemed land valuation and input tax credit limits.

The notification amends the Jharkhand SGST rate schedule to (i) extend exemptions and classifications to specific housing schemes including in-situ slum redevelopment, EWS houses under PMAY (Urban), credit-linked subsidy scheme houses and affordable housing with infrastructure status, and to buildings used for mid-day meal schemes by 12AA entities; (ii) reclassify composite works contracts provided by subcontractors to main contractors for government works with provisos on procurement and input tax credit; (iii) treat transfer of land in certain composite construction supplies as deemed to be one third of total consideration for valuation; and (iv) revise entries and rates for transport, housekeeping through ecommerce, mining, environmental, manufacturing and entertainment services, with conditions limiting input tax credit where specified.