CGST law amendment may hit realty sector: Experts
PTI
Feb 1, 2025 8:19 PM IST
The government has proposed retrospective amendment in Section 17 (5), which provides an exhaustive list where input tax credit will not be applicable
The government on Saturday proposed a retrospective amendment to the CGST law concerning 'plant or machinery', a move that is likely to adversely impact real estate companies seeking input tax credit on the construction and leasing of commercial assets, said experts. (Picture for representational purposes only)
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News real estate CGST law amendment may hit realty sector: Experts
