Impact of GST on the Indian Real Estate Sector

India implemented the Goods and Services Tax (GST) on July 1, 2017, marking a significant shift in its indirect tax regime. GST aimed to subsume various indirect taxes, creating a unified tax structure across the country.

Everything You Need to Know About the Relevant Tax Rate for GST on Rent

GST has changed the way taxes are collected in India. Not only the residential but also the commercial real estate sector has been affected. Not only the capital market but the rental market has also been hit hard.

The new law of paying 18% GST on housing rent is explained.

Only business premises offered on lease are subject to the Goods and Services Tax (GST). Nevertheless, under a new law that went into effect on July 18, a GST-registered renter (including people and corporate organisations) is obligated to pay 18 percent tax. Will it have an effect on the rental of residential properties? Let us […]

Rent is subject to GST

Renting your home is seen as an augmentation of service under the tax system. The Goods and Services Tax (GST) law, which was implemented in July 2017, now applies to rental revenue. Under the GST framework, rent is now considered a taxable provision of service.

All You Need to Know About CGST, SGST, IGST and UGST

GST is classified into four types: Integrated Goods and Services Tax (IGST), State Goods and Services Tax (SGST), Central Goods and Services Tax (CGST), and Union Territory Goods and Services Tax (UTGST) (UTGST). Every one of them has a unique taxing price.

No GST On Commercial Buildings Leased Out As Hostels: HC Karnataka


In a recent judgment, Karnataka High Court (HC) has ruled that – Leasing of residential premises as hostels to students and working professionals will not attract any Goods & Services Tax (GST).

GST charges on society maintenance in Maharashtra


The Maharashtra bench of the GST Authority for Advance Ruling (GST-AAR) has addressed certain issues pertaining to the Goods and Services Tax in the state.

All you need to know about the GST applicable on properties


Real estate is the second largest employment provider in the country, making it a crucial part. Like all other commodities, GST is also applicable to buying and selling of real estate.

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