gst council Archives - Banking Finance - News, Articles, Statistics, Banking Exams, Banking Magazine

GST rate cut a boost to affordable homes

GST Council has announced reduction of charges on under-construction housing to 5% from an effective 12%, providing relief to homebuyers

GST Council has cut tax rate on under-construction residential properties and the affordable housing projects category. The new effective GST

The Goods and Services Tax (GST) Council cleared a pilot project to offer digital incentives, in the form of cashback

The GST Council agreed to make it mandatory for traders to file a single monthly return – reverting to a

Ministry of Finance stated that the traders opting for composition scheme need not file certain details in the return form

For intra-state movement of goods, E-way bill is required and consequently 5 states Gujarat, Uttar Pradesh, Andhra Pradesh, Telangana and

The government has announced concessional GST rates for the sale of affordable homes, but realtors are in a dilemma on

The government has notified 1% GST rates for manufacturers who have opted for composition scheme as well as easier norms