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of <h1>GST Council Approves Key Draft Laws, Discusses Real Estate Inclusion, and E-Way Bill System at 11th Meeting.</h1> The 11th GST Council meeting, chaired by the Union Finance Minister, was held on March 4, 2017, to discuss and approve key legislative drafts and systems related to the Goods and Services Tax (GST). The agenda included confirming the minutes of the previous meeting, approving the draft Central and Integrated GST laws, and developing an e-Way bill system. Amendments were made to the draft laws, including provisions for cross-empowerment and interest rates on delayed refunds. The Council also discussed the inclusion of real estate under GST, tax collection at source by e-commerce operators, and the GST's applicability in Union Territories. The meeting concluded with appreciation for the efforts of the Law Committee and GST Network in drafting the laws.
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