AAR: Construction activity undertaken for Govt. entity, intended for business/office use, taxable at 18%

Andhra Pradesh AAR holds that activity of construction of multi-storied office building for Andhra Pradesh State Financial Corporation (APSFC) is a composite supply of works contract as defined in section 2 (119) of CGST Act 2017, taxable at 18%; Considering that APSFC is established by Govt. and Govt. of Andhra Pradesh which has 90% control over the Corporation, states that APSFC is a ‘Government Entity’ within the meaning of Notification No. 11/2017-CT (Rate) as amended...