GST Rates for Villas: Classified as Residential Projects; Rates Set at 1.5% or 7.5% Based on Conditions.

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Full Text of the Document

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....Rate of GST - construction and sale of villas - From the definition of the term “apartment”; “residential apartment” “real estate project” and “promoter”, it is clear that the residential villas being constructed by the applicant fall within the definition of residential apartment and the projects undertaken by the applicant fall within the definition of real estate project and the applicant fall within the definition of “promoter” - Application rate of GST is 1.5% / 7.5% as the case may be - AAR....