GST Archives - Fusion - WeRIndia

Tag Archives: GST

Single rate GST not possible:

Jaitley in his blog wrote that a single slab GST is possible only in affluent countries.

GST on under-construction flats slashed

Generally, builders have to transfer the benefit amount to the extent of input tax credit.

GST on flats to be

Currently, the GST on under-construction flats is 12 percent after allowing for the cost of land (this is out of GST).

Government doubles GST limit exemption

The government wants to bring all the items at two standard rates of 12 percent and 18 percent.

New Things in the New

The GST Council has reduced tax rates on 23 goods and services.