Viewing posts for the category GST Council Meeting
GST Council in the 34th meeting held on 19th March, 2019 at New Delhi discussed the operational details for implementation of the recommendations made by the council in its 33rd meeting for lower effective GST rate of 1% in case of affordable houses and 5% on construction of houses other than affordable house.
The 33rd GST Council Meeting was held on 24th February 2019 under the Chairmanship of the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley in New Delhi. The council meeting concluded with good news for the Real Estate sector of the Indian Economy. Following are the highlights from the meeting:
The 33rd GST council meeting was scheduled to be held on February 20th, 2019. However, state finance ministers requested a face-to-face discussion on special schemes for Real Estate Industry and issues in taxation system on lotteries. Thus, the union chairperson, Shri Arun Jaitley adjourned the GST council meeting until Sunday, the 24th of February 2019.
The GST Council in its 32nd Meeting held today under the Chairmanship of the Union Minister of Finance & Corporate Affairs, Shri Arun Jaitley in New Delhi gave approval
The 31st GST council Meeting was held on 22 December 2018. Following recommendations and rate cuts have been agreed upon in the meeting: