https://www.taxtmi.com/news?id=20957 A seven member Group of Ministers will design measures to boost the real estate sector under GST, principally by formulating a Composition Scheme for Residential Construction Units. The GoM will analyse GST rates and related challenges, evaluate composition or alternative schemes with transition arrangements, examine valuation mechanisms and the legality of including or excluding land or other ingredients, and review levy models for Transfer of Development Rights and joint development agreements. The GoM may draw on central and state officers and be assisted by Law and Fitment Committee conveners. en-us Wed, 16 Jan 2019 10:19:45 +0530 Wed, 16 Jan 2019 10:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20957 A seven member Group of Ministers will design measures to boost the real estate sector under GST, principally by formulating a Composition Scheme for Residential Construction Units. The GoM will analyse GST rates and related challenges, evaluate composition or alternative schemes with transition arrangements, examine valuation mechanisms and the legality of including or excluding land or other ingredients, and review levy models for Transfer of Development Rights and joint development agreements. The GoM may draw on central and state officers and be assisted by Law and Fitment Committee conveners. News - Wed, 16 Jan 2019 10:19:45 +0530 https://www.taxtmi.com/news?id=20957