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<h1>Haryana Amends GST Rules: New Exemptions and Liabilities for Development Rights and Long-Term Leases in Real Estate Projects.</h1> The Haryana Government has amended its notification No. 47/ST-2, dated June 30, 2017, under the Haryana Goods and Services Tax Act, 2017. The amendments, effective from April 1, 2019, include changes in tax provisions related to the transfer of development rights (TDR) or Floor Space Index (FSI) and long-term lease payments for residential apartment projects. The amendments specify GST exemptions and tax liabilities for promoters based on the booking status of residential apartments at the time of project completion or first occupation. Definitions and calculations related to these terms are clarified, aligning with the Real Estate (Regulation and Development) Act, 2016.