No clear definition of ‘ongoing project’ may lead to disputes under new GST rates for real estate

The GST Council has attempted to carefully balance the apprehensions of developers for implementing the new rate structure, along with the interests of home buyers. By Prashant Deshpande The GST Council at its 34th meeting on 19 March 2019 laid down the roadmap for implementation of the recommendations made in the previous meeting, towards rate rationalisation for […]

from GST India-Goods and Services Tax in India https://ift.tt/2uzbgsY