Input tax credit entitlement expanded so landowner promoters may use developer charged credit for apartment supplies within a project. Amendment permits a landowner promoter to utilize the credit of tax charged to him by the developer promoter for payment of tax on apartments supplied by the landowner promoter in such project. It also inserts a new item for maintenance, repair or overhaul services for ships and vessels, their engines and components, and updates cross references accordingly; the notification specifies an effective commencement date in June 2021.
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 use developer charged credit for apartment supplies within a project.
Amendment permits a landowner promoter to utilize the credit of tax charged to him by the developer promoter for payment of tax on apartments supplied by the landowner promoter in such project. It also inserts a new item for maintenance, repair or overhaul services for ships and vessels, their engines and components, and updates cross references accordingly; the notification specifies an effective commencement date in June 2021.
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