Author compiles recent changes in GST applicable wef 01.04.2019 related to builders and developers- It explains changes Where GST OF 1%/5% Is Opted For Ongoing Project, Where Existing 8% Is Continued With ITC, Impact on New Projects and amendment in rules regarding Input Tax Credit in summaried form.

A. WHERE GST OF 1%/5% IS OPTED FOR ONGOING PROJECT

B. WHERE EXISTING 8% IS CONTINUED WITH ITC

C. NEW PROEJCTS

D. AMENDMENT IN RULES REGARDING ITC


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