Contractor, apart from builder, eligible for concessional GST on low-cost houses, rules AAR

Not just developers, but contractors are also eligible for the concessional GST rate on affordable housing, Maharashtra’s Authority for Advance Rulings (AAR) has said. Though the AAR’s rulings are binding on the petitioner and the jurisdictional officer only, it can be used for persuasion in similar cases. Also, in case the matter reaches the high court and gets it seal, it becomes a precedent. Th…