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<h1>Puducherry GST Act: Promoters' State Tax Liabilities on Completion Certificate or First Occupation, Effective April 2019.</h1> The Government of Puducherry has issued a notification under the Puducherry Goods and Services Tax Act, 2017, effective April 1, 2019. This notification applies to promoters who receive development rights or Floor Space Index (FSI) or long-term leases of land for construction projects. The liability to pay state tax arises on the issuance of a completion certificate or first occupation of the project, whichever occurs first. The tax on services is to be paid on a reverse charge basis. Definitions for terms such as 'apartment,' 'promoter,' 'project,' and 'floor space index' are provided in accordance with the Real Estate (Regulation and Development) Act, 2016.