Govt forms panel to resolve GST issues troubling real estate sector

The government on Tuesday announced the composition of a seven-member Group of Ministers (GoM), which will examine and suggest ways to resolve the issues plaguing the real estate sector after the implementation of the Goods and Services Tax (GST). A lower GST rate of 5% is one of the demands of industry players. Gujarat deputy chief minister Nitin Patel will head the panel that has eight terms of…