After Four Years Of GST, Developers Call For Some Waivers

It has been four years since GST was introduced in the real estate sector; the Government's move provided relief from multiple taxes. Another relief was when GST on affordable housing was brought down from 8 per cent to 1 per cent and from 12% to 5 per cent for other construction properties that do not fall in the definition of affordable housing. The new rates, however, meant that developers coul…