GST amendments expand coverage for specified housing projects, clarify composite works valuation and limit input tax credit in certain supplies. The notification expands GST coverage for specified housing works-including in situ slum redevelopment, EWS and Credit Linked Subsidy Scheme houses, and low cost affordable housing up to 60 sq. metres-and adds certain mid day meal buildings; it clarifies composite works contract treatment for sub contractors supplying services to government entities, reclassifies several service categories and limits input tax credit in specified cases; and it provides that, in certain composite construction supplies involving land, the land component is deemed to be one third of the total amount charged.
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Provisions expressly mentioned in the judgment/order text.
GST amendments expand coverage for specified housing projects, clarify composite works valuation and limit input tax credit in certain supplies.
The notification expands GST coverage for specified housing works-including in situ slum redevelopment, EWS and Credit Linked Subsidy Scheme houses, and low cost affordable housing up to 60 sq. metres-and adds certain mid day meal buildings; it clarifies composite works contract treatment for sub contractors supplying services to government entities, reclassifies several service categories and limits input tax credit in specified cases; and it provides that, in certain composite construction supplies involving land, the land component is deemed to be one third of the total amount charged.
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