GST A Practical Approach – Construction Sector – CA Vaishali Kharde

GST A Practical Approach – Construction Sector: This presentation is with respect to GST applicability on Construction Sector. The Construction Sector is one of the sectors where numerous amendments have been made in last 4 year. In this presentation author has tried to summarize such amendments in brief summary.

In this regard, the Author has summarised applicability of GST from the perspective of Construction Sector covering topics as given below

1. Outward Supply
2. Input Tax Credit (ITC)
3. Joint Development Agreement
4. Transferable Development Rights
5. Affordable housing scheme
6. Antiprofiteering Applicability
7. E-Invoice Applicability

Looking into the numerous changes in case of Construction industry, it is crucial for the developer to decode changes and impact of the same. This presentation discusses about certain key aspects and challenges in the days to come and also practical aspects of the GST Departmental Audit for Construction Sector  Additionaly. it covers conditions to opt lower rate in case of works contract and other aspects like levy, time of supply, GST rate value including key case law.

In case of ant query, please feel free to revert