input tax credit
18 pc GST on flat owners paying monthly maintenance of over Rs 7,500
Tax liability would be calculated for a person who owns two or more flats in the housing society or residential complex.
Anarock budget wish list for realty sector: More bank funds, ITC benefit in GST
The liquidity crisis is the major factor preventing completion of over 5.6 lakh stalled units across top seven cities.
Rs 13-cr GST fraud busted after multi-city raids by UP STF, sales tax dept
According to officials, the accused firms, RoundPay Techno Media and RoundPay Voice Tech, were both registered at same address in Lucknow.
Housing supply, sales up in FY19
Developers reduced the average property sizes to align their products within the affordability bracket for more buyers
ATF under GST will ensure level playing field for domestic airlines: Suresh Prabhu
Airlines could expect an annual relief of up to Rs 5,000 crore by way of input tax credit if ATF is brought under GST.
Flexible GST rates for realty
GST Council today has approved transition plan for the new rate structure for real estate residential projects.
FinMin extends deadline to file GST returns
With this extension, businesses which wish to claim Input Tax Credit (ITC) benefit for July 2017-March 2018 period can do so till October 25.
Finance Ministry extends deadline for filing Sept GST returns to October 25
With this extension, businesses which wish to claim ITC benefit for July 2017-March 2018 period can do so till October 25.
Accountant floating fake companies held
Traders often buy fake bills to claim input tax credit on supply that never occurred.
Notice shot off to businesses for less IGST input credit claim
The analytics was conducted based on data between July to March - the first nine months of GST rollout.