No GST for Greater Noida Industrial Development Authority civic services
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GREATER NOIDA: After Noida, the GST council has now recognised Greater Noida authority as a civic body. The Greater Noida Industrial Development Authority on Tuesday said that it has received a letter from the Goods and Services Tax (GST) council recognising it as a civic body.
This means residents will not have to pay GST for many services, including sanitation and water. Institutional, commercial, industrial and group housing plot owners will have to pay GST as per rules. But industrial plot owners will not have to pay GST on land cost. Non-business entities such as schools, medical colleges and religious buildings will also not have to pay GST for services provided by the authority.
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This means residents will not have to pay GST for many services, including sanitation and water. Institutional, commercial, industrial and group housing plot owners will have to pay GST as per rules. But industrial plot owners will not have to pay GST on land cost. Non-business entities such as schools, medical colleges and religious buildings will also not have to pay GST for services provided by the authority.
Get latest news & live updates on the go on your pc with News App. Download The Times of India news app for your device. Read more City news in English and other languages.
LC InternalFeb 02