https://www.taxtmi.com/notifications?id=129183 The notification prescribes IGST rates for varied real estate construction services and sets project wise rules to compute eligible Input Tax Credit (Te) and ITC reversal or payment (Tx) for REP and RREP. It differentiates treatment by apartment category, requires promoters to maintain project accounts, mandates payment on shortfalls from unregistered suppliers (including reverse charge on certain inputs), and provides a one time option mechanism for ongoing projects to opt into alternative tax rates, with detailed formulas, caps and reporting obligations. en-us Fri, 29 Mar 2019 00:00:00 +0530 Sat, 31 Aug 2019 18:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=129183 The notification prescribes IGST rates for varied real estate construction services and sets project wise rules to compute eligible Input Tax Credit (Te) and ITC reversal or payment (Tx) for REP and RREP. It differentiates treatment by apartment category, requires promoters to maintain project accounts, mandates payment on shortfalls from unregistered suppliers (including reverse charge on certain inputs), and provides a one time option mechanism for ongoing projects to opt into alternative tax rates, with detailed formulas, caps and reporting obligations. Notifications GST Fri, 29 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=129183