The Government has recently issued multiple implementing notifications, which have come into effect on 1 April 2019. The notifications provide the conditions and computational mechanics of charging lower rates of GST on under-construction residential real estate. One key aspect of this change is the option given to existing projects to either adopt the new rate structure or continue with the incumbent framework. As the conditions/ computational mechanics are fairly complex and need to be dealt with carefully for effective compliance, they are expected to pose a challenge to the industry.
I invite you to a webcast where we will share our analysis of these notifications and discuss how they could impact your business. Please refer to the details below.
Date: Wednesday, 10 April 2019 | 3.00pm to 4.00pm India time
Pratik Jain, Partner and Leader, Indirect Tax, PwC India
Bhairav Dalal, Partner and Leader, Real Estate Tax, PwC India
Kaustuv Sen, Partner, Indirect Tax, PwC India
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