Real estate, liquor out of GST as influential people run them: Delhi Deputy CM Manish Sisodia—सविस्तर माहितीसाठी Financial Express मधील बातमी वाचावी.

Delhi Deputy Chief Minister Manish Sisodia today raised concerns over real estate and liquor industry being left out of the the GST ambit and suggested it was done because they were being run by “influential people”. “Liquor and real estate lobbies have succeeded to intervene in the GST. Without any hesitation, I can say that these two sectors have been kept out of the GST because political leadership and influential people are conventionally indulged in real estate,” Sisodia said. He said many politicians “invest their black money” in real estate business. “We are the only one country in the world which has kept the land and liquor out of the GST ambit. Even a child knows black money is invested in real estate sector. “I also wrote to all finance ministers on this issue, but my opinion was actually rejected by Council meeting of GST,” Sisodia said.
Meanwhile, addressing MLAs on the premises of the Delhi Assembly on the GST, Chief Economic Advisor Arvind Subramanian said he completely agreed on the principle of bringing liquor and land under the GST and all states should come together to make it happen. He also said Delhi’s revenue will increase as it is servicing and producing state.

via Real estate, liquor out of GST as influential people run them: Delhi Deputy CM Manish Sisodia – The Financial Express