GST FAQ’s on real estate as released by CBIC: These GST FAQ’s on real estate issues are drafted for taxpayers. There are so many changes in real estate in recent time. These FAQ’s are to address them. Download the GST FAQ’s on real estate download PDF,
Download the full representation regarding GST issues faced by Real Estate sector by clicking the below image:- A full representation regarding GST Issues faced by Real Estate Sector is as below. Sr.No. Issue Suggestion Rational 1. There should be no GST on Land Development Rights.
1. GST rates for Ongoing Projects (Where option not exercised for old rates) and New Projects (01.04.2019 onwards): GST rate on Real Estate on ongoing projects are given in the table below: S.No. Category Effective GST Rate Conditions Remarks a. Residential Projects a. Affordable
Composition Scheme for Real-estate: War in London, Weapons to China What will be the consequences if the patient is suffering from stomach ache and the physicist prescribes him paracetamol? What will happen if the war is taking place in London and the consignment of weapons