New Delhi: The Goods and Services Tax (GST) Council has deferred a decision on tax rates on real estate and lottery till Sunday, and extended the deadline for businesses to file sales returns for January till Friday. Also Read - Sports Minister Kiren Rijiju Inaugurates Rowing Centre in Srinagar
Briefing reporters after a meeting of the GST Council on Wednesday, Finance Minister Arun Jaitley said, because of the rush of filing of returns, the due date has been extended till February 22 for all states; and February 28 for Jammu & Kashmir. Also Read - COVID-19 Travel Guidelines For Kashmir: Coronavirus Test Mandatory For Those Travelling by Road
The due date for filing summary sales return – GSTR-3B – is February 20. Also Read - Kashmir to Kanyakumari: Indian Army Man to Run 4000 Km in 50 Days, Aims For Guinness World Record
With regard to goods and Services Tax (GST) rate on under-construction housing properties, Jaitley said, since certain states wanted a 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 the lottery will continue.
This is published unedited from the PTI feed.