Gst On Houses

Renting apartments gets costlier for companies with new GST rates in effect

The rent of apartments for top executives will attract an 18 per cent Goods and Services Tax (GST)

GST Council may discuss new rate structure on under-construction houses

GST Council will work out a formula that will clarify the extent to which a developer can avail the input-tax credit

Decision on lottery unlikely in GST meet, real estate rates to be fixed

Some state finance ministers are of the opinion that the GST structure for lottery should not be changed in haste

No GST on flats with issue of completion certificate: Finance Ministry

Builders are also required to pass on the benefits of lower tax burden to the buyers of property

Buying a home? With no GST breather, ready to move-in flats to cost more

This is because builders with large unsold inventories plan to pass on higher tax burden to buyers