https://www.taxtmi.com/news?id=19602 The government requires builders not to recover GST from buyers of affordable housing where the effective tax burden is offset by input tax credits; developers must use available input tax credit to pay output GST and may charge GST to buyers only after reducing the ex-tax price to reflect full credit utilisation. The concessional GST treatment extends to housing components under the affordable housing mission and to buyers benefiting from the Credit Linked Subsidy Scheme, aligning interest subsidy benefits with the lower effective GST incidence. en-us Wed, 07 Feb 2018 18:43:53 +0530 Wed, 07 Feb 2018 18:43:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19602 The government requires builders not to recover GST from buyers of affordable housing where the effective tax burden is offset by input tax credits; developers must use available input tax credit to pay output GST and may charge GST to buyers only after reducing the ex-tax price to reflect full credit utilisation. The concessional GST treatment extends to housing components under the affordable housing mission and to buyers benefiting from the Credit Linked Subsidy Scheme, aligning interest subsidy benefits with the lower effective GST incidence. News - Wed, 07 Feb 2018 18:43:53 +0530 https://www.taxtmi.com/news?id=19602