New Delhi [India], Jan 16 (ANI): Stamp duty on property before registration might come under the ambit of the Goods and Services Tax regime, sources have disclosed. This was revealed on Tuesday, two days ahead of the last GST Council meeting before the Union Budget.
He, however, added that the GST Council may discuss the proposal seriously, but a final decision could take more time.
States like Delhi and Jammu Kashmir are very keen to bring the real estate sector under GST.
The senior government official said over a dozen issues are on the agenda for the January 18 meeting.
The official added that the GST Council is likely to give nod to rationalisation of rates on five - six items. These items are related to equipments which are used in agriculture.
Amendments in GST laws is also on the agenda. (ANI)