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

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What would be the impact of the GST on property rentals?
posted Feb 14 by Prachi

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1 Answer

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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 by Adarsh
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