Reduction of tax outgo for Home Buyers

Affluence Advisory , Last updated: 11 June 2022  
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In a recent decision of Gujarat High Court in case of Munjaal Manishbhai Bhatt vs UoI Ors. High Court held that value of land can be excluded from levy of GST if contractual arrangement specifically states the land value. Thereby no requirement to apply deeming 1/3 value exclusion from the sale con

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