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    <title>Seeks to provide special procedure with respect to payment of tax by registered person supplying service by way of construction against transfer of development right and vice versa.</title>
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    <description>Designates two classes of registered persons where supplies involve construction services exchanged for development rights, and provides that the State tax liability on such supplies arises when the developer or builder transfers possession of, or the right in, the constructed complex, building or civil structure to the person supplying the development rights by executing a conveyance deed or similar instrument.</description>
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      <description>Designates two classes of registered persons where supplies involve construction services exchanged for development rights, and provides that the State tax liability on such supplies arises when the developer or builder transfers possession of, or the right in, the constructed complex, building or civil structure to the person supplying the development rights by executing a conveyance deed or similar instrument.</description>
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