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of <h1>Heading 9954: IGST rates and conditions for residential, commercial and government construction services with input rules</h1> Heading 9954 prescribes IGST rates for construction services, distinguishing affordable residential, non-affordable residential, commercial and other construction with rates ranging (notably 1.5%, 7.5%, 12%, 18% and 18%/other reduced rates for specified govt/mission works). Conditions include payment of specified rates in cash, limited availment or reversal of input tax credit as per annexures, and a requirement that =80% of inputs/services be from registered suppliers (shortfalls attract reverse-charge at 18%; cement from unregistered suppliers is taxed on reverse charge when received). Special rules cover transfer of development rights/FSI, project-wise accounting, valuation (land deemed one-third of total amount) and one-time option for ongoing projects to opt into specified rates.
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