Remove G.S.T. on Transfer Charges & on Lease Rent Charges in Noida Authority (U.P.)
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I request the Finance Minister of India to remove the recently levied Goods & Service Tax (GST) (18%) on Transfer Charges & on Lease Rent Charges in Noida Authority (U.P.)
The Transfer Charges on Transfer of various Properties (Residential, Commercial, Industrial, Institutional) and their Lease Rent in Noida Authority and the Stamp Duty Charges were already very high.
Previous Transfer Charges in Noida Authority : 3-4% approx of the Cost of Property,
Previous Stamp Duty Charges in Registrar : 5% of the Cost of Property + Rs 21,000 for the Registrar Fees.
And now, after the GST implementation in August 2017, these Transfer charges in Noida Authority are further increased by 18%, which makes it more difficult for the common people to buy the flat/house/industrial plot/building.
I request all to come up and sign this petition and help the Noida Residents in getting the G.S.T on such charges removed and keeping such Property Transfer/Lease Rent charges in control.
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