Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Maharashtra Amends GST Act for Construction Services: New Tax Rates, Input Credits, and Promoter Obligations Effective April 2019.</h1> The Government of Maharashtra has issued amendments to the Maharashtra Goods and Services Tax Act, 2017, effective from April 1, 2019, focusing on construction services. The notification outlines changes in tax rates and conditions for construction projects, including affordable and non-affordable residential apartments, and commercial spaces. It specifies tax obligations for promoters, including input tax credits and reverse charge mechanisms for purchases from unregistered suppliers. The notification also includes detailed provisions for ongoing projects, definitions of key terms, and requirements for maintaining records and fulfilling tax liabilities. Promoters are required to exercise a one-time option to select applicable tax rates by May 10, 2019.