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<h1>Tripura GST Act: Promoters and Land Leaseholders Liable for State Tax on Construction Projects from April 2019.</h1> The Government of Tripura, under the Tripura State Goods and Services Tax Act, 2017, notifies specific registered persons liable for state tax. These include promoters receiving development rights or Floor Space Index (FSI) from April 1, 2019, for construction projects, and those obtaining long-term land leases for residential projects. Tax liability arises upon project completion certification or first occupation, whichever is earlier. The notification clarifies definitions of terms such as 'apartment,' 'promoter,' and 'project' in line with the Real Estate (Regulation and Development) Act, 2016. Tax on specified services is payable under reverse charge as per previous notifications. This notification is effective from April 1, 2019.