Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Odisha GST Act: Tax Liability for Development Rights and Construction Services Clarified in Recent Notification.</h1> The notification issued by the Odisha State Government under the Odisha Goods and Services Tax Act, 2017, defines specific classes of registered persons involved in transactions of development rights and construction services. It applies to those supplying development rights to developers or builders in exchange for construction services and those providing construction services in return for development rights. The liability to pay State tax arises when possession or rights in the constructed property are transferred to the supplier of development rights, formalized through a conveyance deed or similar document.