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<h1>Central Tax Update: New CGST Rates for Real Estate Services Effective April 2019; Includes Input Tax Credit Conditions.</h1> The notification amends the previous Central Tax (Rate) notification to update the CGST rates for various services in the real estate sector, as recommended by the GST Council. Effective from April 1, 2019, it specifies rates for construction services, including affordable and non-affordable residential apartments, commercial apartments, and other real estate projects. The notification outlines conditions for input tax credit, reverse charge mechanisms, and requirements for registered promoters. It also defines terms like 'affordable residential apartment,' 'ongoing project,' and 'Real Estate Project' in line with the Real Estate (Regulation and Development) Act, 2016.