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November 5, 2024 3:08 AM

Taxation

GST Council defers decision on tax on real estate, extends deadline

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GST Council defers decision on tax on real estate, extends deadline for sales returns till February 22
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With regard to goods and Services Tax (GST) rate on under-construction housing properties, Jaitley said, since certain states wanted physical meeting for this agenda, hence, the

Council would meet again on February 24 to take a decision.

Today’s meeting has been adjourned till Sunday, Jaitley said, adding discussion on real estate and lottery will continue.

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Nisha Shiwani hails from the pink city of Jaipur and is a prolific writer. She loves to write on Real Estate/Property, Automobiles, Education, Finance and about the latest developments in the Technology space.

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