GST Council meet on Jan 18; discussion on real estate inclusion key agenda

GST council meet

Earlier in November, Finance Ministry chaired a meeting with real estate developers over GST to be levied on properties


BUDGET NEWS :  An important goods and services Tax (GST) Council meet in advance of the Union finances is scheduled on January 18.

consistent with resources, dialogue of actual property inclusion in GST is the important thing time table of this assembly.


"discussion of actual property inclusion in GST is the key schedule of the GST Council that is scheduled to meet on January 18th," a senior government legit advised ANI privy to the deliberations.

He in addition brought that the GST Council in all likelihood will not attain a decision on this, but a serious dialogue is predicted though.

moreover, states like Delhi and Jammu Kashmir are very eager to carry real property quarter under the GST ambit.

earlier in November, Finance Ministry officers chaired a assembly with actual property developers over GST to be levied on houses owned by way of private developers.

The assembly observed the 23rd GST Council assembly that become held in Guwahati, wherein it changed into determined that actual estate could be introduced beneath the ambit of the taxation scheme.

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