Will alcohol and realty come under GST? The jury is still out
Mythili Bhusnurmath: One of the good things about the GST Council is that it shows a maturing of our fiscal federalism, because political issues have been broadly kept aside and the council has focussed on economic issues. So, political differences have not come in the way of forging ahead on GST. But, I do not expect too much forward movement in this meeting simply because the items such as alcohol and real estate are far too contentious. So, I do not see too much movement.Maybe on the e-way bill, you might find a further deferment, because 1st of April still looks a little difficult.
Sandeep Chilana: As far as the agenda of the GST Council is concerned, the question before the GST Council is not whether the alcohol for human consumption should be bought within GST, because the constitutional powers to tax alcohol for human consumption is with the state government.