GST on construction

Effective GST rate on under-construction real estate at 12%

On Thursday, the government hiked the GST rate for the construction sector to 18 percent from 12 percent but removed land value from computation of tax liability.

 

Jun 30, 2017, 20:07 PM IST

Housing prices to decline after GST rollout: Naidu

The minister emphasised that the Centre and states need to implement the new real estate law in an effective manner.

 

Jun 30, 2017, 16:30 PM IST