Due date for exercising option for residential real estate project is extended till 20th May 2019
GST Council twitted that the date for exercising the option for residential real estate project to either stay at the old GST rate of 8% or at 12% with Input Tax Credit or to avail New GST Rate at 1% or 5% without Input Tax Credit at as per Notification No. 03/2019 – CT(R) dated March 29, 2019, has been extended till May 20, 2019 from May 10 2019. Official Notification in this regards will be issued soon.
As per the Twitte: the date for exercising the option for residential real estate project to either stay at the old GST rate of (8% or at 12% ) or to avail new GST Rate ( 1% or 5% ) is being extended to May 20, 2019 from May 10 2019 form May 10,2019. Official Notification in this regards will be issued soon.
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