Updates and details for 5 reasons why living in housing society will be expensive under GST: It is being predicted that post July 1, 2017, homebuyers will pay a normal rate on their purchase under the Goods and Services Tax (GST) administration. Experts feel that the move will bring down property prices in the country. While […]
Important News
GST: Regulators asked to ensure no new tax burden on flat buyers
Updates and details for GST: Regulators asked to ensure no new tax burden on flat buyers: The revenue department is asking real estate regulators in states as well as builders to ensure that developers do not raise the tax burden on under-construction buildings, citing the introduction of GST . Several developers have sent mails to home […]
GST Penalties, Offenses and Appeals
Updates and details for GST Penalties, Offenses and Appeals: From this article, You can check GST Penalties, Offenses and Appeals. For more details, just scroll down and read the full article. Offenses In GST: There are 21 offenses under GST apart from the penalty under section 8 covering fake/wrong invoices, fraud, tax evasion and others. They mentioned here. A […]
GST May Impact Gold Demand in Short Term
Updates and details for Gst May Impact Gold Demand in Short Term: The government is planning to roll out goods and services tax (GST) from July 1. Currently, taxes on gold jewellery stands at 12.2 per cent. This will be replaced with GST of 3 per cent, which will be on top of the import duty. […]