Macquarie Asset Management closes $A1 1 billion of commitments for Asia-Pacific opportunistic real estate miragenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from miragenews.com Daily Mail and Mail on Sunday newspapers.
Under the earlier service tax regime, a developer, constructing premises used for leasing, was not restricted from availing CENVAT credit (input tax credit) on service tax paid on services other than works contract services. However, under the current GST regime, credit on all inputs and input services are denied to the same developer, said a submission made to the government by Asia Pacific Real Estate Association.