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GST Council may soon clarify tax exemption to RERA

By Economic Times - 9 months ago
The GST Council is expected to clarify that Real Estate Regulatory Authority (RERA) will not be subject to Goods and Services Tax (GST), as it falls under Article 243G of the Constitution pertaining to the powers and responsibilities of panchayats. RERA functions as a regulator and facilitator for the real estate sector, ensuring transparency, consumer protection, and dispute resolution.

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