Estate Avenues - August 2017
Estate Avenues - August 2017
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In this issue
Good and Service tax (GST) has been implemented from the 1st of July 2017. It is being considered as one of India’s most revolutionary tax-related reforms. GST will eliminate conflicting and cascading taxation structure like VAT and Service charges in real estate.
GST law will increase the margin in the hand of developers by eliminating the above mentioned taxes. The real estate property which is under construction for sale purposes will attract the GST at 12%, which is being perceived to be tax neutral. It is classified as a service through work contract hence under construction real estate comes under the ambit of GST.
Estate Avenues Magazine Description:
Publisher: S S MEDIA HOUSE
Category: Business
Language: English
Frequency: Monthly
Estate Avenues takes pride in being the first & by far the only Real Estate magazine having a Pan India presence. Covering all sectors of the industry, Estate Avenues has successfully managed to strike a chord with large audience. Reaching the targeted and affluent class readers in all key cities with most channel and trade partners, Estate Avenues is on the threshold of creating a history of publishing in the world of Real Estate.
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