Newspaper cutting issued by Times of India.


Newspaper cutting issued by Times of India.
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Monday, May 13, 2019
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Dear all,

Your association SIMA is forwarding herewith Newspaper cutting issued by Times of India In Relief to buyers, realtor told to refund ‘excess’ GST  dated on 13/05/2019. 

A relief to home buyers across real estate projects, the National Anti-Profiteering Authority (NAPA) has ordered Puri Constructions to refund “excess” GST collected from buyers, and dismissed the builder’s plea that the benefit could only be calculated on completion of the project. Several builders have not been passing on the benefit on tax credit on inputs such as cement, steel, paints and sanitary ware, arguing that it will be done at the time of possession. To view the full circular PLEASE CLICK HERE

Your association is also forwarding herewith another Newspaper cutting ‘’Asia is set to dominate 7% growth club’’.

The 2020s are set to be the Asian decade with the continent dominating an exclusive list of economics expected to sustain growth rates of around 7%.

The South Asian members of the group should be GDP standouts as they’ll be together account for about one-fifth of the world’s population by 2030, Standard Chartered reckons. The demographic dividend will be boon for India. To view the full circular PLEASE CLICK HERE

This for your kind information

Thanking you,

With regards, 

For Silvassa Industries & Manufacturers Association    
 
Narendra Trivedi 
Secretary 

 


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