Already bought a house? New GST rates may not apply to you

Ashok Kumar, 36, assistant manager with a Gurgaon-based multinational company, was among the happy lot of homebuyers, when the Goods and Service Tax (GST) Council announced the reduction in GST rates last month on under-construction houses. About six months ago, Kumar bought an under-construction apartment in Gurgaon that came under the Haryana government’s affordable housing scheme for ₹21 l…