GST on under construction flats cut from 12 percent to __________ %.

1.	GST on under construction flats cut from 12 percent to __________ %.
Answer» Under construction properties priced over ₹45 lakh will attract 5% GST (Goods and Services Tax), instead of 12%. A residential property priced at ₹45 lakh or below will now be defined as "affordable" and taxed at 1%, from 8% earlier. The new rates will be effective from April 1, 2019.

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