Items and Service Tax Council, in its 34th assembly to be held on Tuesday, is anticipated to take up varied points together with the implementation of decrease GST charges for the actual property sector. The assembly is prone to deliberate solely the transition provision and associated points for the implementation of decrease GST charges for the actual property sector, sources mentioned, including, no challenge associated to charge is on the agenda because the mannequin code of conduct is in drive. Within the earlier assembly (Feb. 24), the high-powered GST Council slashed tax charges for under-construction flats to five p.c and inexpensive houses to 1 p.c, efficient April 1.

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