GST relief for low-cost homes, 1st-time buyers

The GST rate has been reduced to 8% from the existing 12% on purchase of houses availing of the credit-linked subsidy scheme (CLSS) under Pradhan Mantri Awas Yojna, and of those houses that are constructed in a project that has got infrastructure status.

from Times of India http://ift.tt/2BtOvHM
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