• JLS Construction India

    An ISO Certified Company

  • Loyalty as a shared
    Mutual Bond
    JLS Construction India

    An ISO Certified Company

  • An ISO Certified For
    Quality Management
    System 9001:2015

    An ISO Certified Company

  • An ISO Certified For
    Enviromental Management
    System 14001:2015

    An ISO Certified Company

  • An ISO Certified For
    Occupational Health
    and Saftey Management
    System 45001:2018

    An ISO Certified Company



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Following Are The Categories Of Houses For Accrual Of GST

As per the GST (Goods and Services Tax) law, construction of a complex, building, civil structure or a part thereof, including a complex or building intended for sale to a buyer is a supply of service and hence, is liable to the goods and services tax (GST). However, no GST is meant to be paid on ready to move in or completed property as per the CGST Act, 2017. The GST is payable only on the under construction houses.

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Rate Of GST

It is worth mentioning that the effective GST payable on purchase of under construction residence or commercial properties from a builder involving transfer of interest in land or individual to the buyer is 12% with full input tax credit. However, consideration which doesn't constitute transfer in land or undivided share of land as part of consideration, such as construction services provided by a sub-contractor to the builder, attracts GST at the standard rate of 18% with full input tax credit.