Login
Print

New Delhi, July 14, 2017: VP- CRM & Marketing, Mahindra Life spaces Developers Limited :-

“The Goods & Services Tax (GST) is set to bring about fundamental shifts in taxation in the real estate and infrastructure sector. Taxes such as Excise Duty, VAT, Octroi, LBT, etc. have been subsumed into GST. The implementation of GST is expected to benefit the sector in the long term, owing to improved transparency and accountability across the value chain, and ease of doing business. A simpler and more transparent tax regime applied on the purchase price under GST is a significant takeaway for property buyers. GST will also entitle developers and contractors to input tax credit on purchase of materials, which can improve efficiency in transportation/logistics related to construction materials.

In the mid-long term, the stabilization brought about by GST can streamline the Indian real estate sector, with benefits across the ecosystem on account of improved efficiencies.”

Corporate Comm India(CCI Newswire)

Prev Next
Mana Foliage - Sarjapur Road Bangalore
Nitesh Virgin Island - Bangalore
Nitesh Cape Cod’s - Bangalore
Nitesh Soho - Bangalore
Purva Windermere - Chennai
Shriram Southern Crest
Cadenza - Salarpuria Sattva's
Shriram Chirping Woods, Bangalore
Shriram Hebbal One, Bangalore
Godrej Prana, Pune
You are here:   HomeContactsExtrasOverviewContent ViewsCategory List ViewGST is set to bring about fundamental shifts in taxation in the real estate and infrastructure sector --Sunil Sharma
  • 1
  • 2
  • 3
  • 4
  • 5
Prev Next
Aliens Space Station
Radiance Royale - Chennai
Skyline 24 Carat at Elamakkara
Elita Garden Vista (New Town, Kolkata)
Spectra Constructions - Sylvan
Veracious Park West
63° EAST - Assetz Property Group
Indya Estates – The Mist
King\92s Domain \96 - Salarpuria Sattva Group
Purva Bluemont
Manhattan Condo
Shriram Grand City, Kolkata
Mahaveer Ranches, Bangalore
The Trees, Godrej
Vianaar - Luxury Apartments & Villas, Goa