Finance ministry says sale of flats after issue of completion certificate won't attract Goods and Services Tax

-
However, Goods and Services Tax (GST) is applicable on sale of under-construction property or ready to move in flats where completion certificate is not issued at the time of sale, it said.

from Latest News India on Firstpost https://ift.tt/2QMyg4A
Press Trust of India

Comments

Post a Comment

Popular posts from this blog

NABCONS invites applications for 22 senior and junior consultant posts; apply at nabcons.com

-
NABARD Consultancy Services (NABCONS) has started the recruitment drive for the posts of Senior Consultants and Junior Consultants on a contractual basis. The selected candidates will be posted as project-based contract staff and will be responsible for the effective implementation and monitoring of 'Off Farm Development Department' (OFDD) projects in 18 states. OFDD works in collaboration with different departments and organisations like Off Farm Producers' Organization (OFPOs). It works for skill development, marketing initiatives, GI, rural innovation, rural Incubation, etc.  Initially, the contract will be for one year which can be extended as per the requirements of the project. Those who wish to apply can do it by visiting the official website . The last date to apply is 29 May. Aspirants can follow these simple steps to apply: - Visit the website - On the homepage, click on the ‘Join Hands with NABCONS’ link - A new page will open. Tap on the ‘New Jobs Hiring fo...
Read more

Who is ‘Jharkhand Tiger’ Champai Soren, set to replace Hemant Soren as CM?

-
Image
There was action and drama in Jharkhand on Wednesday night. Hemant Soren, the state’s chief minister, resigned from his post, and was subsequently arrested by the Enforcement Directorate. And amid this drama, Hemant Soren’s party, the Jharkhand Mukti Morcha (JMM), appointed Cabinet minister and veteran leader Champai Soren as the new state head. Champai Soren met Governor CP Radhakrishnan and staked claim to form the new Jharkhand government, claiming support of 47 MLAs. To form the government, the ruling alliance needs 41 MLAs and presently it has numbers above the magic figure. The ascension of Champai Soren comes at a time when there was heavy speculation that Hemant Soren would install his wife, Kalpana Soren , at the seat of power. As we wait for the swearing-in of Champai Soren, we take a closer look at who he is and how we got here. Champai Soren — the Jharkhand Tiger Champai Soren, the transport minister in the Hemant Soren government, has been a long time member of the JM...
Read more