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<h1>India Amends GST Rules to Clarify Input Tax Credit for Real Estate; Updates on Assessment and Offence Compounding.</h1> The Central Government of India issued the Central Goods and Services Tax (Second Amendment) Rules, 2019, effective from April 1, 2019. These amendments modify the Central Goods and Services Tax Rules, 2017, focusing on input tax credit calculations, particularly for real estate projects. The amendments clarify the treatment of input tax credits during construction and upon project completion, specify the order of utilization of input tax credits, and update assessment and demand notice procedures. New forms for assessment orders and rectification notices are introduced, and the rules also address the compounding of offences under GST.