Construction of complex intended for sale: GST scope narrowed; exclusion where full consideration received after completion certificate or first occupation. The notification amends the opening paragraph of Notification No. ERTS(T) 65/2017/15 by specifying that construction of a complex, building or part intended for sale is treated as chargeable where the amount charged includes the value of land or undivided share of land, except where the entire consideration is received only after issuance of the completion certificate, where required, or after first occupation, whichever is earlier.
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.
Construction of complex intended for sale: GST scope narrowed; exclusion where full consideration received after completion certificate or first occupation.
The notification amends the opening paragraph of Notification No. ERTS(T) 65/2017/15 by specifying that construction of a complex, building or part intended for sale is treated as chargeable where the amount charged includes the value of land or undivided share of land, except where the entire consideration is received only after issuance of the completion certificate, where required, or after first occupation, whichever is earlier.
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