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GST on real estate: A slightly higher rate with input tax credit could be a better option

Updated : March 27, 2019 12:31 PM IST

The real estate sector has been grappling with a slowdown triggered by various issues, including the GST.
The GST rate reduction on under-construction properties is expected to uplift the sentiments of home buyers.
The move may hit profit margins of developers due to withdrawal of ITC and non-reduction of GST rate on cement.
GST on real estate: A slightly higher rate with input tax credit could be a better option

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