The latest GST rates for housing projects under construction will increase the cost of most housing units, barring those in the super-premium category, turning PM Modi’s ‘Housing for all by 2022’ mission on its head! The new proposed GST rates for housing projects under construction could lead to increase in the cost of most of…
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Also, the council would consider a composition scheme for small suppliers, apart from discussing levying a calamity cess as well as GST rates on the lottery. The GST Council is slated to meet on January 10 to discuss lowering GST on under-construction flats and houses to 5 per cent, as well as hiking exemption threshold…
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