Input tax credit eligibility extended to landowner-promoters for apartments; ship repair services added to concessional GST schedule. The amendment permits a landowner-promoter to utilise input tax credit charged to him by the developer-promoter for payment of tax on apartments supplied by the landowner-promoter in the same project. It also inserts maintenance, repair and overhaul services for ships and other vessels, including engines and parts, into the notification's concessional rate table and updates cross-references accordingly.
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Provisions expressly mentioned in the judgment/order text.
Input tax credit eligibility extended to landowner-promoters for apartments; ship repair services added to concessional GST schedule.
The amendment permits a landowner-promoter to utilise input tax credit charged to him by the developer-promoter for payment of tax on apartments supplied by the landowner-promoter in the same project. It also inserts maintenance, repair and overhaul services for ships and other vessels, including engines and parts, into the notification's concessional rate table and updates cross-references accordingly.
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