Amendment in Notification No. 424/2019/04(120)/XXVII(8)/2019/CTR-06 dated 31st May, 2019 - 421/2021/01(120)/XXVII(8)/2021/CTR-03 - Uttarakhand SGST

Liability timing for GST adjusted to specified tax period based on completion certificate or first occupation.

Liability to tax for projects providing immovable property must be recognised in a tax period not later than the tax period in which the issuance of the completion certificate by the competent authority, where required, or the date of first occupation, whichever is earlier, falls; prior phrasing about when liability 'shall arise' is replaced to prescribe this timing.