https://www.taxtmi.com/caselaws?id=440245 AAR Kerala ruled that construction and sale of residential villas by a promoter attracts GST at 1.5% for affordable units and 7.5% for other residential units under Notification 11/2017 as amended. The taxable value is calculated on two-thirds of total consideration, with one-third deemed as land value being excluded. Additional charges for structural changes, extra area, or interior works completed before construction completion form part of the gross construction service consideration and are subject to GST at applicable rates. en-us Mon, 20 Feb 2023 00:00:00 +0530 Fri, 18 Apr 2025 12:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440245 AAR Kerala ruled that construction and sale of residential villas by a promoter attracts GST at 1.5% for affordable units and 7.5% for other residential units under Notification 11/2017 as amended. The taxable value is calculated on two-thirds of total consideration, with one-third deemed as land value being excluded. Additional charges for structural changes, extra area, or interior works completed before construction completion form part of the gross construction service consideration and are subject to GST at applicable rates. Case-Laws GST Mon, 20 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440245