Decision on GST on real estate, lottery deferred till Sunday

NEW DELHI: The GST Council on Wednesday deferred a decision on rationalisation of tax rates on real estate and lottery till February 24 as some non-BJP states demanded that a meeting, where members are physically present, be convened for deciding on such crucial issues.

The 33rd meeting of the Council, held through video conferencing, also decided to extend the deadline for filing summary sales return – GSTR-3B – for January by two days till February 22.

“Considering the speed at which returns are getting filed, thousands of returns being filed every hour, the suggestion before the GST Council was to extend the deadline by two days for all states; and since some areas are facing disturbance, for Jammu & Kashmir it be extended till February 28. So we took that decision,” Finance Minister Arun Jaitley said. (AGENCIES)