on 19.3.2019, The GST Council has reduced the GST rates for under-construction flats and affordable housing to 5% and 1%, respectively and also increased the carpet area of flats under affordable housing. from 1.4.2019 The liability to pay tax on TDR, FSI, long term lease (premium) shall be shifted from land owner to builder under the reverse charge mechanism (RCM)
on 19.3.2019, The GST Council has reduced the GST rates for under-construction flats and affordable housing to 5% and 1%, respectively and also increased the carpet area of flats under affordable housing. Prepared by FCA BPMUNDRA on 19.03.2019 Decisions taken…
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