UP RERA to facilitate GST refund for homebuyers, warns builders against excess levy

UP RERA has issued new guidelines for homebuyers seeking GST refunds. Eligible homebuyers can now claim excess GST collected through the GST department's online portal. If a project is cancelled after the promoter's credit note period expires, allottees can apply directly. Homebuyers must file refund claims within two years of agreement termination. Promoters are directed to strictly adhere to notified GST rates and ensure refunds.