https://www.taxtmi.com/news?id=19597 Extension of concessional rate of GST to houses constructed or acquired under the Credit Linked Subsidy Scheme brings CLSS transactions within the lower tax regime while preserving deduction of land value from taxable supply. The recommendation also extends concessional treatment to varied affordable housing components, exempts government leasing of land to government entities, and exempts land transfers forming part of composite flat sales, so that only the dwelling value attracts GST. en-us Wed, 07 Feb 2018 15:18:17 +0530 Wed, 07 Feb 2018 15:18:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19597 Extension of concessional rate of GST to houses constructed or acquired under the Credit Linked Subsidy Scheme brings CLSS transactions within the lower tax regime while preserving deduction of land value from taxable supply. The recommendation also extends concessional treatment to varied affordable housing components, exempts government leasing of land to government entities, and exempts land transfers forming part of composite flat sales, so that only the dwelling value attracts GST. News - Wed, 07 Feb 2018 15:18:17 +0530 https://www.taxtmi.com/news?id=19597