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Residential appartments what is rate of gst at 2017.18 below 40 lacks
2017.18 gst rate how much in residential appartments below 40 lacks
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In the 2017-18 period, residential apartments under construction were generally taxed at an effective rate of 12% (with Input Tax Credit), while affordable housing projects under specific government schemes had an effective rate of 8%. Ready-to-move-in properties were exempt from GST.
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