Under section 148 of the Goa Goods and Services Tax Act, 2017 to notify certain class of registered persons under Goa Goods and Services Tax Act, 2017 - 38/1/2017-Fin(R&C)(6/2019-Rate) - Goa SGST
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Liability to pay central tax arises on completion certificate or first occupation for promoters receiving development rights or land lease. Notification under section 148 designates promoters receiving development rights/FSI or obtaining long term land lease as persons in whose case liability to pay central tax for consideration in the form of construction services, monetary consideration for residential construction, upfront lease amounts, and supply of construction service against development rights/FSI shall arise on the date of issuance of the completion certificate or on first occupation, whichever is earlier, with relevant terms defined by reference to the Real Estate (Regulation and Development) Act, 2016.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Liability to pay central tax arises on completion certificate or first occupation for promoters receiving development rights or land lease.
Notification under section 148 designates promoters receiving development rights/FSI or obtaining long term land lease as persons in whose case liability to pay central tax for consideration in the form of construction services, monetary consideration for residential construction, upfront lease amounts, and supply of construction service against development rights/FSI shall arise on the date of issuance of the completion certificate or on first occupation, whichever is earlier, with relevant terms defined by reference to the Real Estate (Regulation and Development) Act, 2016.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
