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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>The notification designates registered persons exchanging development rights and construction services and stipulates that 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).</description>
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      <description>The notification designates registered persons exchanging development rights and construction services and stipulates that 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).</description>
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