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GST rate on Real Estate Sector: Decisions taken by the GST Council held on 19 March, 2019

GST Council in the 34th meeting held on 19th March, 2019 at New Delhi discussed the operational details for implementation of the recommendations made by the council in its 33rdmeeting for lower effective GST rate of 1% in case of affordable houses and 5% on construction of houses other than affordab...
schedule 05-Apr-2019

One Year of GST - Good, Bad Or Ugly for Real Estate?

The Goods and Services Tax (GST), a revolutionary tax reform rolled out in July 2017, has effectively replaced the previous Gordian Knot of multiple taxes like VAT, central excise duty, commercial tax, service tax, octroi, etc. It has made India a ‘tax-neutral’ nation – and while it evoked a response best described as...
schedule 09-Jun-2018
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