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Bring real estate sector under GST, Sisodia tells FM
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SME Times News Bureau | 16 Oct, 2017
Real estate sector should be brought under the ambit of the Goods and
Services Tax (GST), Delhi Deputy Chief Minister Manish Sisodia told
Union Finance Minister Arun Jaitley on Sunday.
In a letter to
Jaitley, Sisodia, who holds the Finance portfolio, said that the matter
should be part of the agenda for the next GST council meeting scheduled
for November 9.
Referring to Jaitley's comments, made during a
lecture at Harvard, on bringing real estate sector under GST, he said:
"Though my views were not accepted by the GST council earlier, I am
happy that there appears to be a rethink which is a positive indication
for the sake of the country."
Sisodia also contended that the move would also reduce the black money involved with the real estate sector.
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