GST on Real Estate: Development Rights, long term lease and FSI

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With effect from 1st April 2019, CBIC vide a series of notification reduced the GST rates for real estate projects. Apart from various conditions to be fulfilled along with the new rates such as reversal of ITC, RCM on unregistered purchase; the notifications also introduced some changes in the taxa
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Padmanathan Kv

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Passionate Chartered Accountant from Palghat, focussing on Direct and Indirect Taxation.

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