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GST real estate

Key decisions on real estate sector taken by GST Council in the 34th meeting

The promoters shall be given a one -time option to continue to pay tax at the old rates on ongoing projects.

Mar 20, 2019, 13:25 PM IST

GST Council approves transition plan for new tax rates for real estate sector

Reasonable time for transition will be given to developers in consultation with states.

Mar 19, 2019, 14:55 PM IST

EC gives go-ahead to GST Council meeting on March 19

The nod from the Election Commission was required as the Model Code of Conduct has been in force since Sunday.

Mar 14, 2019, 12:55 PM IST

GST on under-construction flats, affordable housing slashed: Here are the benefits for home buyers

The new rate shall become applicable from April 1, 2019.

Feb 25, 2019, 12:58 PM IST

GST Council defers decision on tax on real estate; extends deadline for sales returns till Feb 22

The due date for filing summary sales return - GSTR-3B - is February 20.

Feb 20, 2019, 14:26 PM IST

Crucial GST Council meet begins; rationalisation of rates on real estate, lottery key agenda

The GoM favoured hiking GST rate on the state-organised lottery to either 18 percent or 28 percent.

Feb 20, 2019, 12:55 PM IST

Crucial GST Council meet today: Key things to expect

Rationalisation of rates of GST on real estate and lottery are on the agenda of the Council meet.

Feb 20, 2019, 11:10 AM IST

Cheers for housing sector as Jaitley says priority to lower GST on cement

Jaitley said, the sun is setting on the 28 percent slab.

Dec 24, 2018, 13:39 PM IST

Government to discuss bringing real estate under GST next week

The GST Council may allow states to impose Stamp Duty and Property Tax on real estate.

Jan 12, 2018, 13:03 PM IST

Govt to discuss bringing real estate under GST in November: Jaitley

The matter will be discussed in the next meeting of the GST, which will be held on November 9, in Guwahati, Jaitley said.

Oct 12, 2017, 09:11 AM IST

GST fallout: You may have to pay more for under-construction property from April next year

Implementation of the GST law will make a negative impact on the under-construction properties with expected rise in its tax burden.

Aug 05, 2016, 14:14 PM IST