Many services linked to flat construction to attract lower 12% GST: AAAR

Dated on: Sunday 9th April 2023

A recent Appellate Authority for Advance Rulings (AAAR) judgement in the instance of a Thane-based developer would be welcomed by buyers of underconstruction houses, since it may result in lower costs. The appeal panel determined that payments received by the developer, Puranik Builders, for services such as water connection, electricity meter installation and deposit for metre, development costs and legal fees are "inextricably linked" to the principal service of building.

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