TaxTMI 
TaxTMI 
Works Contract to Trust
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....orks Contract to Trust<br> Query (Issue) Started By: - VENU K Dated:- 28-12-2024 Last Reply Date:- 30-12-2024 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>A trust is constructing 100 indepe....
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....ndent houses to be given to people free of cost. The ownership of land as well as houses will remain with the trust. The allottees will be able to stay free of cost at the houses. The trust has given....
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.... the construction to a contractor . In this connection will the contractor get any exemption ? Can the contractor avail lower GST rates available for Affordable Housing Project ? Reply By Shilpi Ja....
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....in: The Reply: Affordable housing has criteria of area to be fulfilled 90/60 sqm. Additionally, presently there is no concessional rate of GST applicable for a contractor constructing affordable hou....
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....ses. I am assuming these houses are part of a complex / common society / community. No exemption available Reply By vijay kumar: The Reply: It is taxable for the contractor since consideration is t....
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....here between contractor and trust. No exemption for contractor just because there is no consideration between the Trust and the allottees. Affordable housing project, not eligible for contractor in my....
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