GST rate amendments expand concessional treatment for specified affordable housing and works contracts, with input tax credit conditions. Amends the Mizoram State Tax (Rate) notification to expand concessional treatment for specified housing construction under Housing for All (Urban), to add exemptions for certain NGO-owned mid-day meal buildings, and to revise multiple tariff entries for works contracts, composite supplies and sectoral services. Key conditions include concessional supply by sub-contractors to main contractors for government procurements, provisos disallowing input tax credit on goods and services where specified, and a deemed valuation rule treating the land component as one third of the total amount charged in composite supplies involving transfer or lease of land.
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Provisions expressly mentioned in the judgment/order text.
GST rate amendments expand concessional treatment for specified affordable housing and works contracts, with input tax credit conditions.
Amends the Mizoram State Tax (Rate) notification to expand concessional treatment for specified housing construction under Housing for All (Urban), to add exemptions for certain NGO-owned mid-day meal buildings, and to revise multiple tariff entries for works contracts, composite supplies and sectoral services. Key conditions include concessional supply by sub-contractors to main contractors for government procurements, provisos disallowing input tax credit on goods and services where specified, and a deemed valuation rule treating the land component as one third of the total amount charged in composite supplies involving transfer or lease of land.
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