Monday 18 March 2019

GST Council may consider implementation of lower tax rates for real estate



The all-powerful GST Council in its 34th meeting to be held Tuesday is expected to take up several issues on priority including the implementation of lower Goods and Services Tax (GST) rates for the real estate sector.
The meeting is likely to deliberate only the transition provision and related issues for the implementation of lower GST rates for the real estate sector, sources said, adding, no issues related to rate is in the agenda as the model code of conduct is in force.

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