Real estate body urges govt to cap GST on building materials at 18%

G Hari Babu, President of National Real Estate Development Council (NAREDCO) has urged the government to bring the Goods and Services Tax (GST) rates of building materials to the bracket of 18 per cent.  Speaking at the announcement of NAREDCO’s 17th National Convention in the national capital, NAREDCO President reiterated industry's demand of Input Tax Credit (ITC) under the Central Goo…