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One year of GST: Consumer the ultimate beneficiary of the landmark reform

Updated : July 11, 2018 11:28:58 IST

Business has benefited with a multitude of indirect taxes on construction inputs being streamlined into one while house buyers have benefited due to the uniformity brought about by GST being levied at a standard rate and on a consistent basis of calculation across the country.
Considering that real estate as a product involves large number of inputs and is delivered over a four to six-year period to the consumer, the verdict on the exact impact of GST will take some time.
One year of GST: Consumer the ultimate beneficiary of the landmark reform
Published : July 03, 2018 04:51 PM IST

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