60 %의 구매자, 건설중인 부동산의 경우 GST 사항에 '아니오' 답하다 : 설문 조사 Nearly 60% buyers say ‘No’ to GST for under-construction properties: Poll
[INDIAN REAL ESTATE NEWS] Good morning, everyone. I’m Kim suhyeon staff of Kamagroup Pvt. Ltd. Here I have an important Indian real estate news to share with you which is as undermentioned.
NEW DELHI: In a recent poll conducted by Magicbricks, around 57% home buyers have said that they do not want to pay Goods and Services Act (GST) at all for under construction properties. Buyers say that they are already paying registration and stamp duty charges to the state government hence GST is an additional burden for them.
The revelation comes at a time when the GST council is likely to reduce the GST rate levied on under-construction properties to 5% from the current 12% in its January 2019 meeting.
Ready-to-move-in properties are exempted from GST which is why many buyers continue to prefer completed projects.
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