Currently, the goods and services tax (GST) is levied at 12 percent with input tax credit (ITC) on payments made for under-construction property or ready-to-move-in flats where completion certificate is not issued at the time of sale.
from Latest News Business on Firstpost https://ift.tt/2Td7bZo
Monday, 25 February 2019
GST council cuts tax rates for under-construction flats to 5%, affordable homes to 1% in bid to boost demand
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