Flat Buyers Can Now Report Anti-Profiteering of GST

By Accommodation Times Bureau MUMBAI Good news to flat buyers they can now report Anti-Profiteering of GST. In Sukhbir Rohila v. Pyramid Infratech Pvt. Ltd. (2018) 9 TMI 1107 (NAA); (2018) 97 taxman. com 379 (NAA), the National Anti-Profiteering Authority vide its order dated September 18, 2018, has confirmed Anti-profiteering charges on

GST & Pre-EMI setback for under construction projects

  By Rohit Sharma MUMBAI: The under-construction real estate projects or newly launched projects have stuck across the country mainly in Delhi-NCR, Noida and Greater Noida, no home buyers make effort to invest into under construction projects after developers providing several benefits. Why is it so? Senior Advocate Dr. Sanjay Chaturvedi said, “GST and

Govt collects over Rs 96,000 Cr GST Revenue

By Accommodation Times Bureau NEW DELHI The Total Gross GST Revenue collected in the month of July 2018 is Rs. 96,483 crore of which CGST is Rs. 15,877 crore, SGST is Rs. 22,293 crore, IGST is Rs. 49,951 crore (including Rs. 24,852 crores collected on imports) and Cess is Rs. 8,362 crore

GST remains challenge in Gujarat

By Accommodation Times Bureau AHMEDABAD Gujarat’s rapid progress in key macroeconomic parameters has been impressive and it has shown a lead to the overall economic development but GST remains one of the big challenges, said the Chairman N. K. Singh, Chairman of the visiting Fifteenth Finance Commission at a Press Conference in

How has GST changed the functioning of Real Estate?

By Accommodation Times Bureau On the completion ‘One Year of GST’ various real estate players, housing finance firms, and others expressed their views on it and even gave the suggestion of what needs to be changed. The experts are CEO, MD, and CMD of their firm/company.   Arvind Hali, MD and CEO, ART

One Year of GST: Real Rstate needs a few aspects to be tweaked says Hiranandani

By Dr. Niranjan Hiranandani, President, NAREDCO MUMBAI: The Goods and Services Tax (GST) has undisputedly, been the biggest reform for the Indian economy since 1947, as also a paradigm changing event for the real estate industry. On completion of the first year under the GST regime, Dr. Niranjan Hiranandani, President, National Real

GST on Society

CA Pathik Shah, Partner, B. P. Shah & Co. 1. The society collects the following charges from the members on the quarterly basis as follows: a. Property Tax-actual as per Municipal Corporation of Greater Mumbai (MCGM) b. Water Tax- Municipal Corporation of Greater Mumbai (MCGM) c. Water charges d. Electricity charges e. Sinking Fund- mandatory under

Effects of GST on the Real Estate

By Accommodation Times Bureau With the recent issue of the GST, one should first get to know what it really is. GST stands for ‘Goods And Services Tax’. It can be simply defined as the tax levied on every supply of goods and services. The passing of this bill will be