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New builder must charge same GST as opted by former housing developer

The New Indian Express Coimbatore

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April 19, 2025

THE Maharashtra Authority for Advance Ruling (AAR) has said that when a new builder takes over an under-construction housing project, they must follow the same GST rate that the previous builder (old promoter) had chosen.

- DIPAK MONDAL @ New Delhi

Hearing an application by Godrej Residency Private Limited (GRPL), the Maharashtra AAR has said Godrej Residency must continue levying goods and services tax (GST) at an effective rate of 12% on all sales — including new and existing buyers — in a residential project it acquired from Neelkamal Realtors Towers Pvt Ltd. The ruling clarifies that GST rates for real estate projects are tied to the project itself, not the promoter, preventing Godrej Residency from switching to a lower 5% rate for new customers.

FLERE HISTORIER FRA The New Indian Express Coimbatore

The New Indian Express Coimbatore

PRICE WAR VROOMS

MAHINDRA JOINS MARUTI IN PRICE CUTS AFTER GST RATIONALISATION, ADDS BENEFITS TOTALING ₹2.56 LAKH

time to read

1 mins

September 20, 2025

The New Indian Express Coimbatore

Don't harass NGO in FCRA case: SC bins centre's plea

THE Supreme Court on Friday rejected the union government’s appeal against a Madras High Court order directing it to process and grant renewal of registration to a non-government organisation (NGO) which was receiving foreign contributions.

time to read

1 min

September 20, 2025

The New Indian Express Coimbatore

Singer Zubeen Garg dies in Singapore following scuba diving accident

ZUBEEN Garg, the 52-year-old cultural icon of Assam and a heartthrob of the younger generation, passed away on Friday in Singapore, leaving behind a rich legacy.

time to read

1 min

September 20, 2025

The New Indian Express Coimbatore

Corp tax mop-up rises, individual collections drop

Higher income tax exemption limit brings down personal advance tax collections

time to read

1 mins

September 20, 2025

The New Indian Express Coimbatore

SANITARY STAFF Court allows probe panel to inquire into police excess

THE Madras High Court on Friday refused to extend the interim stay on the order constituting a one-man commission headed by a retired judge to probe into the alleged police excess during the arrest of sanitary workers, who were protesting against the privatisation of solid waste management in two zones of Greater Chennai Corporation, on August 13.

time to read

1 min

September 20, 2025

The New Indian Express Coimbatore

K-point in India, Canada NSA talks

IN a key step towards mending diplomatic ties, National Security Adviser Ajit Doval held bilateral security consultations with his Canadian counterpart Nathalie Drouin in New Delhi on Thursday.

time to read

1 mins

September 20, 2025

The New Indian Express Coimbatore

HC orders mop-up counselling for NEET-SS seats

THE Madras High Court has ordered the director general of health services (DGHS) attached to the Union Ministry of Health and Family Welfare and the Medical Counselling Committee (MCC) to conduct mop-up counselling for NEET-Super Specialty 2024-25, so as to fill the vacant seats and enable successful candidates to get their preferred courses.

time to read

1 min

September 19, 2025

The New Indian Express Coimbatore

Sebi clean chit to Adani on Hindenburg allegations

MARKETS watchdog Sebi on Thursday dismissed all the charges levelled by the now-shuttered US -based short-seller Hindenburg Research against the Adani group, its founder Gautam Adani, his brother, and a few top executives including the group’s chief financial officer Jugeshinder Singh.

time to read

1 min

September 19, 2025

The New Indian Express Coimbatore

Cop drives on as 40-yr-old clings on to car, suspended

A special sub-inspector (SSI) attached to the Tirunelveli city police was suspended on Thursday after a video of him driving his car for a few hundred metres with a man clinging to the bonnet went viral online.

time to read

1 min

September 19, 2025

The New Indian Express Coimbatore

SIX STILL MISSING, 2 DEAD AS RAIN BATTERS UTTARAKHAND

TWO people were killed, five rescued alive while six people are missing as landslides and flooding triggered by heavy rain flattened more than 40 houses in four villages of Uttarakhand’s Chamoli district on Thursday.

time to read

1 min

September 19, 2025

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