GST Exemption for PMAY Scheme: Notification No. 01/2018 Applies to Credit-Linked Subsidy Scheme Under PMAY (Urban) Conditions.

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....Exemption from GST - amount received from the customers claiming the benefit of PMAY scheme - Applicability of Notification No. 01/2018 of central tax (rate) - Yes the notification is applicable if the condition of credit linked subsidy scheme is availed under PMAY(Urban) - AAR....