What is the GST rate on Under-Construction Property?

Under-Construction Property attracts 5% GST. HSN code: 9954. Regular residential: 5% (no ITC). Affordable housing (up to ₹45L): 1% (no ITC). Completed properties: No GST.

What is the HSN code for Under-Construction Property?

The HSN (Harmonised System of Nomenclature) code for Under-Construction Property is 9954. This code must be mentioned on GST invoices.

Is Under-Construction Property taxable under GST?

Yes. Under-Construction Property is taxable under GST at 5%. For intrastate supply, this is split as 2.5% CGST + 2.5% SGST. For interstate supply, 5% IGST applies.

Can I claim ITC on Under-Construction Property?

Yes, if Under-Construction Property is purchased for business purposes and the supplier has filed GSTR-1, you can claim ITC of 5% on the purchase. ITC is not available if the item is for personal use or falls under Section 17(5) blocked credits.

What is the GST rate on Under-Construction Property?

Under-Construction Property attracts 5% GST. HSN code: 9954. Regular residential: 5% (no ITC). Affordable housing (up to ₹45L): 1% (no ITC). Completed properties: No GST.

What is the HSN code for Under-Construction Property?

The HSN (Harmonised System of Nomenclature) code for Under-Construction Property is 9954. This code must be mentioned on GST invoices.

Is Under-Construction Property taxable under GST?

Yes. Under-Construction Property is taxable under GST at 5%. For intrastate supply, this is split as 2.5% CGST + 2.5% SGST. For interstate supply, 5% IGST applies.

Can I claim ITC on Under-Construction Property?

Yes, if Under-Construction Property is purchased for business purposes and the supplier has filed GSTR-1, you can claim ITC of 5% on the purchase. ITC is not available if the item is for personal use or falls under Section 17(5) blocked credits.

GST Rate Finder

Construction & Real Estate

5% GST

GST Rate on Under-Construction Property

Under-construction residential properties attract 5% GST (without ITC). Affordable housing (up to ₹45L) attracts 1% GST.

GST Rate

2.5% CGST + 2.5% SGST

HSN Code

9954

Harmonised System of Nomenclature

Frequently Asked Questions

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Need help with GST registration or filing?

I handle GST registration, monthly GSTR-1 and GSTR-3B filing, and annual GSTR-9. Message me on WhatsApp.

GST Filing — ₹999/month

Base price	₹1,000
CGST (2.5%)	₹25
SGST (2.5%)	₹25
Total	₹1050

Base price	₹1,000
IGST (5%)	₹50
Total	₹1050

Base price	₹1,000
CGST (2.5%)	₹25
SGST (2.5%)	₹25
Total	₹1050

Base price	₹1,000
IGST (5%)	₹50
Total	₹1050