Question Detail

Will property prices go up, with the GST being applicable on all construction-related materials and services?

By Vijay Kumar On Aug 17 2017 1:45AM


Answered by info@realtymedia.in

While the government has attempted to keep the rates similar to the existing incidence of central excise duty plus VAT, we could see a marginal increase/decrease in tax rates. However, the availability of credits, surpass the marginal increase in tax rates.

Aug 18 2017 1:33AM