GST on Residential Properties Likely to be Slashed

A ministerial panel set up to look into GST-related issues of the real estate sector on Friday indicated that it would recommend taxing under-construction residential properties at 5 percent, down from 12 percent currently. The Group of Ministers headed by Gujarat Deputy Chief Minister Nitin Patel also favoured 3 percent tax on the affordable housing … Continue reading GST on Residential Properties Likely to be Slashed