Supply of development rights: removal of prior GST deferral for supplies made on or after specified date. The notification amends G.O.(P) No.104/2018/TAXES by inserting an explanation that the notification shall not apply where development rights are supplied on or after 1 April 2019, thereby removing the earlier deferral of GST liability for reciprocal supplies of transferable development rights and construction services until conveyance. The amendment is enacted under section 148 of the Kerala SGST Act and is deemed to have come into force on 1 October 2019.
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.
Supply of development rights: removal of prior GST deferral for supplies made on or after specified date.
The notification amends G.O.(P) No.104/2018/TAXES by inserting an explanation that the notification shall not apply where development rights are supplied on or after 1 April 2019, thereby removing the earlier deferral of GST liability for reciprocal supplies of transferable development rights and construction services until conveyance. The amendment is enacted under section 148 of the Kerala SGST Act and is deemed to have come into force on 1 October 2019.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
