Case LawKER/142/2021
Crescent Builders ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Kerala
- Date:
- July 12, 2022
- Type:
- Advance Ruling
- Members:
- Abraham Renn,S . L. Sreeparvathy,
Subject
GST Rate on Affordable Residential Apartments
Exemption
Summary
Question 1: Whether the rate of 0.75% under Item No. (i) of Entry No. 3 of Notification No. 03/2019 Central Tax (Rate) can be availed in respect of those units which qualify as “Affordable Residential Apartment” in a Residential Rea…
Judgement
1. M/s. Crescent Builders (hereinafter referred to as the applicant) is a Partnership firm engaged in the development and construction of residential apartments in the State of 2. At the outset, it is clarified that the provisions of the Central Goods and Services Tax Act, 2017 (hereinafter referred to as CGST Act) and the Kerala State Goods and Services Tax Act, 2017 (hereinafte…