GST Council implements new tax structure for real estate
Updated : March 20, 2019 07:37 AM IST
The GST Council on Tuesday approved a transition plan for the implementation of new tax structure for housing units, Revenue Secretary A B Pandey said.
The reasonable time for transition will be given to developers in consultation with states, said A B Pandey.
Pandey said GST rates for new projects will be mandatory from April 1.