https://www.taxtmi.com/notifications?id=129287 Amendments restructure State-tax rates and conditions for construction services in REP and RREP, specifying reduced cash-paid rates for affordable apartments and higher rates for other categories, with an option for ongoing projects to elect higher rates. They restrict ITC availability except as permitted in Annexures I and II, prescribe project-wise transitional ITC adjustment (Tx = T - Te) using area, booking, invoicing and completion factors, impose an 80% registered-supplier procurement threshold with reverse-charge on shortfalls and cement from unregistered suppliers, and set compliance, reporting and one-time option procedures, effective 1 April 2019. en-us Fri, 29 Mar 2019 00:00:00 +0530 Sat, 06 Apr 2019 16:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=129287 Amendments restructure State-tax rates and conditions for construction services in REP and RREP, specifying reduced cash-paid rates for affordable apartments and higher rates for other categories, with an option for ongoing projects to elect higher rates. They restrict ITC availability except as permitted in Annexures I and II, prescribe project-wise transitional ITC adjustment (Tx = T - Te) using area, booking, invoicing and completion factors, impose an 80% registered-supplier procurement threshold with reverse-charge on shortfalls and cement from unregistered suppliers, and set compliance, reporting and one-time option procedures, effective 1 April 2019. Notifications GST - States Fri, 29 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=129287