Press Release
Recommendations made during 32″ Meeting of the GST Council held on 10th January,2019
January 10, 2019
The GST Council in its 32nd meeting held today at New Delhi gave approval for the following:
a. Changes made by CGST (Amendment) Act,2018, IGST (Amendment) Act, 2018, UTGST (Amendment) Act, 2018 and GST (Compensation to States) Amendment Act, 2018 along with amendments in CGST Rules, notifications and Circulars issued earlier and the corresponding changes in SGST Acts would be notified w.e.f. 01.02.2019.
b. The last date for passing the examination for GST Practitioners to be extended till 12.2019 for those GST Practitioners who have enrolled under rule 83(1)(b) i.e. who were sales tax practitioner or tax return preparer under the existing law for a period of not less than five years.
Note: The decisions of the GST Council have been presented in this release in simple language for easy understanding. The same would be given effect to through Gazette notifications/ circulars which alone shall have the force of law.
what will be the GST rate for under construction flats. i have booked a flat in 2017 and gave 10% amount to buiders and he charged service tax 4.5 % on 10% amount. Now i am going to registry my flat in feb 2019. and builders asks to me i have to pay 12% GST, on 90% amount. but i am seeing in gst rate have decresed to 5%(gst council meet 32 dated 1-10-2019) and i am coming in MIG-1,please explain in brief.