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Tag: GST Rate

Home buyers to pay 12% GST on dues if project gets completed before Apr 1

The CBIC further clarified that exempted goods procured by a builder under the new tax regime would not be counted within the 80 per...

Builders will have to refund GST on cancellation of flats booked in FY19

This clarification forms part of the FAQ released by the CBIC on real estate sector Builders will have to refund GST paid by home buyers in case he cancels the...

Delhi High Court Directs GST Council to Review Tax Structure for Solar Projects

The SPDA had argued that the industry is paying a higher effective tax rate of 8.9% which is impacting the financial viability of solar...

DNA EXCLUSIVE: Revised GST rates, clarity in rules to boost property sales, say realty players

Builders and developers expect clarity on regulations after general election & revised tax rates to up sales Realty players hope that property sales will pick...

GST rate cuts now benefitting consumers more than before: Survey

The trend shown by the survey indicates that prices of household items may soften further The survey said 30% people believed in April...

P&G India faces charges over profiteering under GST law

P&G India reportedly did not pass on GST rate cut benefits of about₹250 crore to consumers P&G India says passed on the net...

Tax planning important for realtors, says consultant

HIGHLIGHTS Chartered Accountant and tax consultant A Siva Prasad says the realtors can either opt for gold GST rule or new GST rule. If the realtors...

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