Case LawAdvance Ruling No. Ker/01/2023
Palal Realty ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Kerala
- Date:
- February 19, 2023
- Type:
- Advance Ruling
- Members:
- Sreeparvathy, Abraham Renn
Subject
GST applicable on the construction and sale of villas
Valuation
Summary
The ruling pertains to the rate of tax and taxable value in respect of the construction services of villas rendered by the applicant. The applicant claims that the rate of GST applicable is 1.5% for affordable villas and 7.5% for other villas. They a…
Judgement
FULL TEXT OF THE ORDER OF AUTHORITY FOR ADVANCE RULING, KERALA M/s. Palal Realty (hereinafter referred to as the applicant) is a partnership firm registered in Kerala and engaged in business as builders and developers. 1. At the outset, 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 (hereina…