Calling for an urgent review in the upcoming GST Council meeting to consider this, the “industry in its pitch to Finance Minister Nirmala Sitharaman, Revenue Secretary Arvind Shrivastava, and the Central Board of Indirect Taxes and Customs (CBIC) has suggested that once included, this move will help in reducing overall GST rates by integrating key sectors—petroleum products, electricity, and real estate—into the GST system,” sources added.
