- The GST Council has constituted 7-Member Group of Ministers (GoM) for boosting the Real Estate Sector under the GST regime.
- The GoM will be Chaired by Deputy Chief Minister, Government of Gujarat, Shri Nitin Patel.
- The GoM will examine:
- legality of inclusion and exclusion of land or any other ingredient, in composition and suggest valuation mechanism
- suggest ways for composition scheme or any other scheme, to boost the sector
- various aspects of levy of GST on Transfer of Development Rights and Development Rights in a Joint Development Agreement.
Members of the GoM includes:
- Shri Nitin Patel: Deputy Chief Minister, Government of Gujarat (Convener)
- Shri Sudhir Mungantiwar: Finance Minister, Government of Maharashtra
- Shri Krishna Byre Gowda: Finance Minister, Government of Karnataka
- Dr. T.M. Thomas Isaac: Finance Minister, Government of Kerala
- Shri Manpreet Singh Badal: Finance Minister, Government of Punjab
- Shri Rajesh Agarwal: Finance Minister, Government of Uttar Pradesh
- Shri Mauvin Godinho: Minister of Panchayat, Government of Goa