34th GSTCM Minutes

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The 34th GST Council Meeting was held on March 19th, 2019 in New Delhi. Arun Jaitley, the Finance Minister of India, chaired the council meeting so as to examine and pass previously announced notifications. It was ensured that new schemes or rate cuts are not announced in the meeting.

The main topic of discussion for the 34th GST Council meeting revolved around tax rates applicability for housing construction projects and the rules that govern transitioning to new GST rates from old rates. The council also decided to implement the previous proposition of reducing the GST rate on real estate. These modalities of transitioning to new rates were decided in the recent GST Council meeting.

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