GST set to benefit the sector in the long run

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“The Goods & Services Tax (GST) is set to bring about fundamental shifts in taxation in the real estate and infrastructure sector.  Taxes such as excise duty, VAT, octroi, LBT, etc. have been subsumed into GST.  The implementation of GST is expected to benefit the sector in the long term, owing to improved transparency and accountability across the value chain, and ease of doing business.”

Sunil Sharma

V-P – CRM & Marketing, Mahindra Lifespaces Developers