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    <title>Under section 148 of the HGST Act, 2017 to notify certain class of registered persons under HGST Act, 2017</title>
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    <description>The notification identifies promoters receiving development rights, FSI, or long term land leases for residential construction as registered persons; state tax liability for consideration in the form of construction services, monetary payments, or upfront lease amounts, and for construction supplied against development rights or FSI, arises on issuance of the project completion certificate or on first occupation, whichever is earlier. Definitions from the Real Estate (Regulation and Development) Act, 2016 apply and specified services are subject to reverse charge as per an earlier departmental notification.</description>
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