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<h1>Madhya Pradesh GST Act: Tax on Development Rights and Construction Services Exchange Clarified for Registered Persons.</h1> The notification issued by the Madhya Pradesh State Government under the Madhya Pradesh Goods and Services Tax Act, 2017, identifies registered persons involved in the exchange of development rights and construction services. It specifies that registered persons supplying development rights to developers, builders, or construction companies against construction services, and those supplying construction services in exchange for development rights, are liable to pay state tax. This tax obligation arises when the developer or builder transfers possession or rights in the constructed property through a conveyance deed or similar instrument.