GoM decides to recommend 5% GST for under-construction property

GoM decides to recommend 5% GST (without ITC) for under-construction property and 3% GST (without ITC) for affordable housing; FinMin had formed GoM of 7 members in the 32nd Council Meeting wherein analysing the tax rate of GST was included in their Terms of Reference (ToR); Recommendations by the Group of Ministers on real estate under GST to be considered in the next GST Council meet for formal approval : CNBC TV 18...