Tag: #ITC

Mr Neh Srivastava, Under Secretary, Ministry of Home Affairs and President, CSSOS

New tax regime for buyers with completion certificate; flexibility to opt for lower GST sans ITC

July 4, 2019

By- Mr Neh Srivastava Under Secretary, Ministry of Home Affairs and President, CSSOS With elections done and dusted, the Central Board of Indirect Taxes and Customs (CBIC) is moving ahead with its plan to implement its 12 per cent GST order on balance amount due to the builders. As per the order, Home buyers who have been granted completion […]

New tax regime for buyers with completion certificate; flexibility to opt for lower GST sans ITCmore

The Impact of New GST scheme towards Builders.

April 12, 2019

By Abhay Harish Shah , Realty Quarter The past GST rate was an obstacle for home purchasers. Builders had been looking to boost offers of under-development ventures, with uncommon offers and discounts. The new rate lessens the evaluating divergence between under-development and finished projects. The new duty structure will permit a progressively adjusted closeout of […]

The Impact of New GST scheme towards Builders.more

Old GST rates can be requested until May 10 – GST COUNCIL

April 2, 2019

By Abhay Harish Shah , Realty Quarter The news which reflected about new Goods and Service Tax (GST) would be reduced from 12% to 5% by April 1st has been updated by GST council. According to the latest news, the GST council has given an option to all Real estate companies to communicate to their […]

Old GST rates can be requested until May 10 – GST COUNCILmore

Tag: #ITC

New tax regime for buyers with completion certificate; flexibility to opt for lower GST sans ITC

The Impact of New GST scheme towards Builders.

Old GST rates can be requested until May 10 – GST COUNCIL

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