No GST breather: Ready-to-move-in flats costlier

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Indian Express / Latest News 135 Views 0

The consumers will have to shell out more for the ready to move-in flats under the GST system as developers with large unsold inventories are planning to pass on the higher tax burden to home-buyers. However, the new flats will cost less, giving some breather to the developers of upcoming projects.

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