Bengal leads call for not more than 1% GST for houses costing up to Rs 40 lakh

Ahead of the meeting of the  GST Council on Sunday, some state finance ministers led by  West Bengal have demanded that the tax rate for houses up to Rs 40 lakh should not exceed 1%. Citing data made available to the council, West Bengal finance minister  Amit Mitra has said the actual tax for affordable housing is less than 1% now while the group of ministers has recommended 3% for…