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<h1>Punjab Amends GST Act 2017: New Rules for TDR and FSI in Residential Projects Effective April 2019.</h1> The Punjab Government's Department of Excise and Taxation has amended its notification regarding the Goods and Services Tax (GST) Act of 2017. Effective from April 1, 2019, the amendment includes additional provisions under various sections, particularly affecting the transfer of development rights (TDR) and Floor Space Index (FSI) for residential projects. The notification outlines GST exemptions for residential construction, with specific conditions for un-booked apartments at the time of project completion. It also defines key terms such as 'apartment,' 'promoter,' and 'project' in accordance with the Real Estate (Regulation and Development) Act, 2016.