https://www.taxtmi.com/article/detailed?id=8514 GST on construction separates residential and commercial apartments and treats affordable residential units differently through carpet area and gross amount thresholds. Different GST rates and ITC rules apply across pre- and post-regime dates, with promoters of ongoing projects given a time-limited option to retain old rates if duly elected. Ongoing project status is certified by commencement documentation, absence of completion, and bookings before the cut-off. Supplies of development rights, leases and FSI have distinct taxability and timing rules, and promoters must source a prescribed share of inputs from registered suppliers or face reverse-charge obligations. en-us Mon, 27 May 2019 06:47:29 +0530 Mon, 27 May 2019 06:47:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8514 GST on construction separates residential and commercial apartments and treats affordable residential units differently through carpet area and gross amount thresholds. Different GST rates and ITC rules apply across pre- and post-regime dates, with promoters of ongoing projects given a time-limited option to retain old rates if duly elected. Ongoing project status is certified by commencement documentation, absence of completion, and bookings before the cut-off. Supplies of development rights, leases and FSI have distinct taxability and timing rules, and promoters must source a prescribed share of inputs from registered suppliers or face reverse-charge obligations. Articles Goods and Services Tax - GST Mon, 27 May 2019 06:47:29 +0530 https://www.taxtmi.com/article/detailed?id=8514