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Land leasing, renting to attract GST from July 1

Land leasing, renting to attract GST from July 1

Tue, Mar 28, 2017

Sale of land and buildings will be however out of the purview of GST, the new indirect tax regime. Such transactions will continue to attract the stamp duty, according to the legislations Finance Minister Arun Jaitley introduced in the Lok Sabha yesterday for approval.

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