Buying a property? Know the GST rates first

想买房？先来了解一下商品服务税税率吧。

NEW DELHI: It is important to understand various Good and Services Tax (GST) rates if you are planning to buy a property. Read on to know how it affects you.

新德里：如果你有买房的计划，最好先了解一下各种商品服务税的税率。请仔细阅读下文，看看商品服务税如何影响你的生活。

In a bid to reduce tax evasion, make laws easier and remove unnecessary hurdles, the government rolled out Good and Services Tax (GST) in July last year. The real estate sector was also bought under its purview as it was burdened by various indirect taxes such as VAT, Service Tax, excise, stamp duty and registration fees. However, ever since its implementation, there has been a lot of confusion regarding rates and benefits.

为打击逃税漏税行为，推行税法顺利执行，扫清不必要的障碍，印度政府于去年7月开始全面推行商品服务税。房地产业也被纳入征收范围，此外房地产业还需缴纳各种间接税负，比如增值税，服务税，消费税，印花税及登记费。但从该税推行至今，其税率和经济收益依然说不清道不明。

Let’s take a detailed look at the GST rates on real estate and under-construction properties.

接下来让我们详细分析一下不动产和在建房产的商品服务税税率。

GST Rate On Real Estate:

针对不动产的商品服务税：

Real estate sector will invite GST at the rate of 12 per cent with full input tax credit. According to the schedule of GST rates for services as approved by the council, real estate sector will comprise “construction of a complex, building, civil structure or a part thereof, intended for sale to a buyer, wholly or partly. The value of land is included in the amount charged from the service recipient.” These will be charged @ 12 per cent with full input tax credit. In other words, it means all under-construction properties will invite a GST of 12 per cent. However, GST will not be applicable for ready-to-move-in properties.

不动产将采用12%的商品服务税，同时对全额进项进行税额抵免。根据国务院批准的商品服务税表中的服务税率，不动产业包含“建造建筑物、构筑物、土木构筑物或其部分，将其合并或分开出售给买家。土地价值包含在服务接受者支付的金额中。”将采用12%的商品服务税，同时对全额进项进行税额抵免。换而言之，这意味着所有在建房产都将适用于12%的税率。不过，商品服务税不适用于已完工的房产。

译文来源：三泰虎 http://www.santaihu.com/44351.html

However, there are still some variations for under-construction properties and confusion regarding the same.

但是，在建房产中仍然也有一些特殊情况，造成一些混乱。

There are various stages for under-construction properties and GST will be dependent on it.

在建房产也可分为几个建造阶段，商品服务税也将据此决定。

When You Have Bought A Property After The Completion Certificate Was Issued To The Builder:

如果在房产建造商获得完工证明后购入房产：

In such a situation, GST will not be applicable as it is considered a ready-to-move-in property and there is no transfer or supply of goods and services.

这种情况下，商品服务税将不适用，房产被视为已完工，不再发生商品和服务的传递或提供。

Payment Made To The Builder In Part Or In Full Before The Roll Out Of GST Regime:

商品服务税推行前，已向建造商部分或全款支付购房款：

Whether you paid in part or in full, if the payment is made before the roll out of GST regime, then it will not invite any GST tax. However, keep in mind that you will be charged applicable service tax rate of 4.5 per cent.

无论是支付了部分或是全额房款，主要付款行为发生在商品服务税推行前，则不需要缴纳商品服务税，但还是需要缴纳4.5%的服务税。

GST On Under-construction Flats, Properties Or Commercial Properties:

在建公寓，房屋或商业地产的商品服务税：

In this category, the actual GST rate is 18 per cent. But one-third of this 18 per cent is deemed as the value of land or undivided share of land supplied to the buyer of the property. Hence, GST rate lowers down to 12 per cent on under-construction flats, properties or commercial properties with full input tax credit.

此类别的商品服务税实际税率为18%，但其中1/3等同于土地价值或购房者获得的不可分割的土地份额。因此，在建公寓，房屋或商业地产的商品服务税为12%，同时对全额进项进行税额抵免。

GST On Resale Properties Or Flats:

二手房产及公寓的商品服务税：

As they are considered ready-to-move-in properties, they will not invite GST taxation.

作为已完工房产，无需缴纳商品服务税。

GST On Houses Purchased Under CLSS:

使用信贷挂钩补贴计划购入房屋的商品服务税：

The Credit-Linked Subsidy Scheme (CLSS) is meant to provide affordable houses to the lower and weaker sections of the society. The GST rates on such houses will be effectively 8 per cent and not 12 per cent as one-third will be deduction towards the cost of the land.

信贷挂钩补贴计划意在为社会低收入和弱势群体提供负担可起的房屋。此类房屋的商品服务税为8%，而非扣减1/3土地价值后的12%。

How GST Will Benefit Both Builders And Buyers?

商品服务税如何使建造商和购房者受益？

A builder pays various indirect taxes and duties during the construction of a property - house or complex. He passes on this cost to the end users. But with the roll out of GST, all these taxes have been combined into one, and thus has resulted in lowering the cost of the property. The move is expected to boost home sales. For buyers, though GST of 12 per cent is on a higher side, there is clarity and uniformity in taxation which they would appreciate and hopefully embrace GST fully.

建造商在房屋建造过程中支付各种间接税费。他将此成本转嫁给终端使用者。但商品服务税推行后，所有税费都合并为一种，会降低房屋成本。此举意在促进住宅销售。对购房者而言，虽然12%的税率较高，但是税率明确统一，他们对此有可能完全接受。

印度时报网友评论：

Sarab Johar36591 Sarab Johar-15 days ago

Land cost is much higher than one third.

土地价值可不止1/3.

Having4u12314 days ago

when I was casting my vote to BJP,I can remember one word which was told by my owner don't waste your vote on bjp.if you really want to change you should cast vote to aap aur any other party to whom you can believe.nevertheless I cast my vote to BJP because I believe on modi.but today I am regretting myself why I cast my vote to modi.instead of cast vote to BJP I should cast my vote Congress because now i know the difference between tea seller and economist.

当我投票给印度人民党时，我还记得有人说别浪费选票选印度人民党。如果真的想要改变，应该投给你信任的其他政党。虽然如此，我因为信任莫迪，投票给了印度人民党。但今天，我太后悔了，为什么要投票给莫迪。我应该投票给国大党的，我现在才看清楚茶叶商和经济学家之间的差距。