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08 February 2019
 |
| GST
(The Total Investment & Insurance Solutions) |
A
panel of state ministers Friday favoured lowering GST on under-construction
residential properties to 5 per cent, from 12 per cent currently.
The Group of Ministers, under Gujarat Deputy
Chief Minister Nitin Patel, was set up last month to analyse tax rates and
issues/challenges being faced by the real estate sector under the Goods and Services Tax (GST) regime.
In its first meeting, the GoM also favoured slashing GST on affordable housing from 8 per cent to 3 per cent.The Total Investment & Insurance
Solutions
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