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<h1>India Notifies GST Rules for Promoters on Construction Services, Effective April 1, 2019, u/s 148.</h1> The Government of India, under section 148 of the Central Goods and Services Tax Act, 2017, notifies certain classes of registered persons, effective April 1, 2019. These include promoters who receive development rights or Floor Space Index (FSI) for construction projects, or long-term land leases for residential apartments, against consideration paid in various forms. These promoters are required to pay central tax on the consideration for construction services, development rights, or FSI. The tax is payable no later than the issuance of a completion certificate or first occupation. The notification specifies terms as defined in the Real Estate (Regulation and Development) Act, 2016.