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Total 3 results found. Search for [ gst rate cut for real estate.gst ]

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Dipak Mondal
New Delhi, March 19, 2019
Under the transition scheme, builders have the option to apply for either the new GST rates -1% for affordable under-construction houses and 5% on other houses - or old rates on the ongoing projects where construction and actual bookings both started before April 1, 2019.


BusinessToday.In
March 19, 2019
The meeting deliberated on the transition provision and related issues for the implementation of lower GST rates for the real estate sector.


BusinessToday.In
March 19, 2019
The Council will finalise the rules regarding the already availed Input Tax Credit (ITC) by real estate developers for under-construction projects before the new tax rates come into force from the next financial year.


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