Hi,
Your answers are as below:
a) GST Council at its meeting held on 18.01.2018 had reduced applicable GST Rates on MIG-2 Category houses under CLSS category as applicable to you. The same was notified and published in the official gazette of India on 25.01.2018 by Ministry of Finance vide G.S.R. 69(E). dated 25.01.2018.
It came into effect from that date itself i.e. 25.01.2018.
The said notification was to amend the principal notification No. 8/2017 - Integrated Tax(Rate), dated 28.06.2017, vide number G.S.R. 683 (E), dated 28.06.2017 and was last amended by notification No. 48/2017-Integrated Tax (Rate), dated 14.11.2017 vide number G.S.R. 1407(E), dated 14.11.2017.
The link of the official notification available as Gazette of India is as below:
http://egazette.nic.in/WriteReadData/2018/182325.pdf
b) The above explained notification deals with reduction in GST Rate from 12% to 8%
c) If the builder does not allow you to take benefit of the reduced GST Rates or does not pass on the benefit of the same to you, the builder is liable under anti-profiteering clauses of the GST Laws. Govt. has already set-up National Anti-Profiteering Authority for the same. However, you will first have to approach your local area GST commissioner for the same, who will guide you to the state screening committee under anti-profiteering laws.
After this, you will have to file application in APAF-1 to the designated state screening committee. The link for the said form is:
By filling in the required details and filing the same with the designated official, you can start taking action against the errant builder.
If found guilty, the concerned authority may order for:
- Reduction in prices as per the GST benefits
- Impose penalty on the errant builder
- Also, may cancel the GST Registration of the builder
d) GST Council has in principally agreed that they are willing to consider merger of Stamp Duty with GST. However, a committee to study the impact of the same on state revenues shall be constituted and then any progress on this may happen.
e) Such projects are approved by National Housing Bank (NHB) to be eligible under PMAY. Applicant is required for eligibility under CLSS. Both can be confirmed by your lender when you approach for Home Loan.
f) As per my understanding, carpet area (Max) is EWS/ LIG (60 sq m), MIG-1 (120 sq m) and MIG-2 (150 sq m)
Regrads,