News
Planning to buy a house? Learn how to crack the GST code
- Date:
- August 12, 2017
- Source:
- Economic Times
Goods and Services Tax ( GST ) is being levied at 12% on the purchase of an apartment or a developed plot from July 1. Now, for homebuyers, what would be the most suitable option in terms of the stage of construction at which one buys, and why? Under the GST regime, no tax will be levied on purchase of a housing unit in a completed project, which received occupation certificate, or where registry…