Builder can’t charge higher GST for parking

The Authority on Advance Ruling in West Bengal concluded that services such as preferential location and facilities like car parking in apartments should be treated as “composite construction service” and attract the same levy as construction. The builders will now have to charge 5% GST on services bundled with affordable homes and 8% on others.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2GUUVok