<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Notifies the following classes of registered persons who supply development rights to a developer, builder, construction company or any other registered person against consideration, wholly or partly, in the form of construction service of complex, building or civil structure.</title>
    <link>https://www.taxtmi.com/notifications?id=124843</link>
    <description>Notification designates two classes of registered persons for supplies where development rights and construction services are exchanged as consideration. The liability to pay state tax on such supplies arises when the developer or builder transfers possession or the right in the constructed complex, building or civil structure to the supplier of development rights by executing a conveyance deed or similar instrument (for example, an allotment letter). The timing rule covers consideration received either as construction service or as development rights.</description>
    <language>en-us</language>
    <pubDate>Mon, 05 Mar 2018 00:00:00 +0530</pubDate>
    <lastBuildDate>Mon, 19 Mar 2018 12:21:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=513392" rel="self" type="application/rss+xml"/>
    <item>
      <title>Notifies the following classes of registered persons who supply development rights to a developer, builder, construction company or any other registered person against consideration, wholly or partly, in the form of construction service of complex, building or civil structure.</title>
      <link>https://www.taxtmi.com/notifications?id=124843</link>
      <description>Notification designates two classes of registered persons for supplies where development rights and construction services are exchanged as consideration. The liability to pay state tax on such supplies arises when the developer or builder transfers possession or the right in the constructed complex, building or civil structure to the supplier of development rights by executing a conveyance deed or similar instrument (for example, an allotment letter). The timing rule covers consideration received either as construction service or as development rights.</description>
      <category>Notifications</category>
      <law>GST - States</law>
      <pubDate>Mon, 05 Mar 2018 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/notifications?id=124843</guid>
    </item>
  </channel>
</rss>