The government has recently revised GST applicability and rates on both under-construction properties and ready-to-move-in flats. The new rates will be applicable from April 1, 2019.
GST (Goods & Services Tax) is an indirect tax system which was implemented in India on 1st July 2017 thereby replacing all the existing indirect taxes on the supply of goods and services. Here we will discuss the important points about GST on under construction flats.
