CBIC notifies new rates for real-estate projects applicable from April 1

Mar 30,2019

CBIC notifies GST rates on Real Estate Projects (REP)/ Residential Real Estate Project (RREP) pursuant to recommendations made by GST Council during its 33rd meeting; Notifies rate of 1.5% for construction of affordable residential apartments and 7.5% for residential apartments other than affordable residential apartments by a promoter in a RREP/REP which commences on or after April 1, 2019 or an on-going RREP/REP in respect of which promoter has not exercised option to ...

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