Ahead of Budget 2018: GST Council meet on Jan 18, discussion on real estate inclusion key agenda
A critical Goods and Services Tax (GST) Council meet in front of the
Union Budget is planned on January 18.
As per sources, talk of land incorporation in GST is the key motivation
of this gathering.
"Discourse of land consideration in GST is the key plan of the GST
Council which is planned to meet on January eighteenth," a senior
government official revealed to ANI conscious of the thoughts.
He additionally included that the GST Council no doubt won't achieve a
choice on this, however a genuine dialog is normal regardless.
In addition, states like Delhi and Jammu Kashmir are exceptionally
quick to bring land division under the GST ambit.
Prior in November, Finance Ministry authorities led a gathering with
land designers over GST to be exacted on properties possessed by private
engineers.
The gathering took after the 23rd GST Council meeting that was held in
Guwahati, wherein it was chosen that land would be brought under the ambit of
the tax collection plot.

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