Input tax credit by landowner-promoter permitted for tax on apartments; ship maintenance services added to reduced rate schedule. The notification permits a landowner-promoter to utilise input tax credit charged by the developer-promoter for payment of tax on apartments supplied by the landowner-promoter within the same project, and inserts maintenance, repair and overhaul services for ships and vessels and their components into the rate table, with consequential adjustment of serial entries; the amendment to Notification No. 11/2017-State Tax (Rate) is stated to be effective from the 2nd day of 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 by landowner-promoter permitted for tax on apartments; ship maintenance services added to reduced rate schedule.
The notification permits a landowner-promoter to utilise input tax credit charged by the developer-promoter for payment of tax on apartments supplied by the landowner-promoter within the same project, and inserts maintenance, repair and overhaul services for ships and vessels and their components into the rate table, with consequential adjustment of serial entries; the amendment to Notification No. 11/2017-State Tax (Rate) is stated to be effective from the 2nd day of June, 2021.
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