Since GST rollout inRollout of e-way billsAt the last GST council meeting in December, roll out of e-way bill was decided for February 1. So the council may iron out issues in e-way bill mechanism for smooth implementation of e-way bills from next month. According to some reports, Council may set a 12 per cent rate for the real estate sector and may also decide to subsume stamp duty and registration charges in GST. The likely date for inclusion of real estate under GST could be the start of new financial year, April 1. "Discussion of real estate inclusion in GST is the key agenda of the GST Council which is scheduled to meet on January 18th," a senior government official told ANI.It may also announce simplification of return filing process.

Source: Economic Times January 17, 2018 05:50 UTC