Topics will be discuss in 32th GST council Meeting Press Release dt. 22.12.2018

Certain important issues referred by GST Council to various
Committees / GoM

The GST Council in its 31 meeting held today at New Delhi decided to refer the following issues to Committees / GoM indicated
against them:

i. Extending the Composition scheme to small service providers. The rate of tax and threshold limit to be proposed – Law Committee
and Fitment Committee.
ii. Tax rate on lotteries – Committee of States.
iii. Taxation of residential property in real estate sector – Law Committee and Fitment Committee.
iv. Threshold limit of exemption under GST regime – GoM on MSMEs

GST council in its next meeting would take a view on the above issues in its next meeting.

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