I understand builders are claiming 18% of GST on contracted rate and not talking about ICT or any discount. I am requesting our circle to through light on this aspect to enable many people to understand reality and get benefited. more
Everybody talks about people collecting GST @ wahtever percentage, even after collecting Income Tax what are people not protesting on this Gangster Surcharge Tax that has paved a way for corruption! more
it is a confusion: there are various services builders are taking at the time construction, but there is no composite rate of final billing, THIS IS WHAT I UNDERSTAND more
Rate is 18% for those who buy Flats, with Land Registered after GST was introduced in July 2017. Eg. A. Selling Price of a Flat in a particular Area is Rs 9000/- per sq. ft. with GST @ 12 %. Land is registered before July 2017, no credit for land. Price is 1080/- Another selling, in a similar area with same facility should be Rs 8545/- plus 18% where the builder will take Credit of Land, material n service bought. Price is Rs 1083/- About same Buyer has to Judge is it the Right Bargain for purchase. In case the Builder is taking Rs 9000/- he is got a good bargain but it can not be called Profiteering. Builder's Price Bargain, leave it or take it Buyer's Choice. Just Check the Date of Registeration of the Land Deed. I am also fighting for I was paying 4.5% n builder is demanding 12 %. I am demanding 7.5% equivalent reduction. Rs 100 means 104.5 should read as 93.3 means 104.496 There should be a strong Anti Profiteering Act since the Builder is taking double Tax. Good Luck to what U R thinking Swatch Bharat, Swatch Sharir, Swatch mann will happen. more
The Govt needs to review seriously why a wedding in a 5 star or good hotel costs 2 or 3 times the cost in Thailand or Sri Lanka etc in a better hotel or resort . A normal room costing 12000/night b...
Schools are supposed to be trusts but they are profiteering in India. 1 lakh a quarter for fee or 4 lakhs a year in good private schools. Just a decade back it used be 1.2 lakhs a year in fee. Will...
It's very true! The glaring example is the garment industry, besides similar others. They fix the price themselves, and God knows! who has checked their costing to arrive at it. They show a higher ...
Kinnow farmers in Punjab get only Rs 10 per kg for their harvest. Retailers are charging 50 per kg. Why are the so called ecommerce platforms not interjecting themselves in this network ...
Serious shame on airlines. They profiteer to the moon by charging for everything and unlimited fares for last minute travels. Now they say Your flights to cost more as fliers to shoulder...
I dont know if its just me or others feel it too, it appears that airlines have an understanding when it comes to airfare that let us charge a minimum airfare for a particular sector. With only 2-3...
average room rates in 5-star hotels in Delhi could be 50-60% higher than usual, with the cost of a presidential suite touching the Rs 20 lakh mark during September 5-10. I mean have we ...
वित्त मंत्रालय ने संसद में बताया है कि सरकारी और पाँच प्राईवेट बैंकों ने मिलकर 2018 से लेकर अब तक जनता से शुल्क के रूप में 35000 करोड़ ₹ वसूले है। खाते में न्यूनतम रक़म नहीं होने से - 2...
By Garima Sharma
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