Due Date for Availing Option for Residential Real Estate Project is Extended till May 20, 2019

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The date for exercising the option for residential real estate project to either stay at the old GST rate of 8% or at 12% with Input Tax Credit or to avail New GST Rate at 1% or 5% without Input Tax Credit at as per Notification No. 03/2019 – CT(R) dated March 29, 2019has been extended till May 20, 2019.

Note: The official Notification in this regard will be issued soon.

Source: Twitter GST Council

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