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 (TDR) and vice versa.

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 (TDR) and vice versa. https://www.taxtmi.com/notifications?id=124592 Provides that where development rights are supplied in consideration of construction services, or construction services are supplied in consideration of development rights, the liability to pay State tax on those supplies arises when the developer, builder or construction company transfers possession or the right in the constructed complex, building or civil structure to the person supplying the development rights by entering into a conveyance deed or similar instrument. en-us Thu, 25 Jan 2018 00:00:00 +0530 Wed, 07 Mar 2018 18:59:00 +0530 TaxTMI RSS Generator 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 (TDR) and vice versa. https://www.taxtmi.com/notifications?id=124592 Provides that where development rights are supplied in consideration of construction services, or construction services are supplied in consideration of development rights, the liability to pay State tax on those supplies arises when the developer, builder or construction company transfers possession or the right in the constructed complex, building or civil structure to the person supplying the development rights by entering into a conveyance deed or similar instrument. Notifications GST - States Thu, 25 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=124592