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    <title>gst rate applicability on development of apartments</title>
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    <description>The built-up share allotted to the landowner and the builder&#039;s direct sales in a joint development are treated as supply against the consideration and thus subject to GST; Notification No. 04/2018-CGST (Rate) is cited as guidance and respondents indicate the same GST treatment applies to both parties, with one reply mentioning an 18% rate, while questions on input tax credit eligibility remain only referred to the notification without further conclusion.</description>
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    <pubDate>Mon, 19 Feb 2018 17:30:13 +0530</pubDate>
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      <title>gst rate applicability on development of apartments</title>
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      <description>The built-up share allotted to the landowner and the builder&#039;s direct sales in a joint development are treated as supply against the consideration and thus subject to GST; Notification No. 04/2018-CGST (Rate) is cited as guidance and respondents indicate the same GST treatment applies to both parties, with one reply mentioning an 18% rate, while questions on input tax credit eligibility remain only referred to the notification without further conclusion.</description>
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      <law>GST</law>
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