 "GST, goods and services tax")
In its 34th meeting scheduled on Tuesday, the Goods and Services Tax (GST) Council will discuss and finalise the rules, under which the new rate structure on under-construction houses will be implemented. Further, the GST Appellate Tribunal (GSTAT), whose national bench was approved in January, is set to get approval for regional benches in the meeting.
While the first decision would help bring transparency between home buyers and builders, the second would help faster resolution of “place of supply”-related disputes.
Sources said the GST Council will work out a formula that will clarify the extent to which a developer can avail the
