UPDATES OF 33RD GST COUNCIL MEETING HELD ON 20.02.2019
1. Extension of Due Date for filling GSTR-3B for January 2019
- For all states except Jammu & Kashmir -22nd February 2019 For Jammu and Kashmir – 28th Feb 2019 – Check Notification Here
2. Recommendation of GST rate
- On under-construction properties-5% GST from 12% GST
- On affordable housing category-3% or lower rate of GST from 8% GST
However, in both cases, input tax credit (ITC) cannot be claimed.
On Lottery-18% to 28% GST
The decision on real estate is still pending and the meeting has been adjourned and will be held in Delhi on 24th February.