top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

What would be the impact of the GST on property rentals?

+1 vote
122 views
What would be the impact of the GST on property rentals?
posted Feb 14, 2018 by Prachi

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

Property rents will increase, for developers engaged in the construction of properties on their own account and subsequent renting of the premises, as the GST credit shall not be available in the hands of such developers. Hence, with an increase in tax rates on the input side, property rentals may spike

answer Feb 15, 2018 by Adarsh
...