Input tax credit entitlement expanded so landowner promoters may utilise developer charged credit for tax on apartment supplies. Amendment permits a landowner promoter to utilise the credit of tax charged by the developer promoter for payment of tax on apartments supplied by the landowner promoter in the same project. It also inserts maintenance, repair or overhaul services for ships, vessels, their engines and components into the notification's listing and adjusts related entries; changes are effected under provisions of the Karnataka GST Act and take effect from the notification's stated date.
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.
Input tax credit entitlement expanded so landowner promoters may utilise developer charged credit for tax on apartment supplies.
Amendment permits a landowner promoter to utilise the credit of tax charged by the developer promoter for payment of tax on apartments supplied by the landowner promoter in the same project. It also inserts maintenance, repair or overhaul services for ships, vessels, their engines and components into the notification's listing and adjusts related entries; changes are effected under provisions of the Karnataka GST Act and take effect from the notification's stated date.
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