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    <title>Amendment to Notification No. 13/2017- State Tax (Rate) so as to specify services to be taxed under Reverse Charge Mechanism (RCM) as recommended by Goods and Services Tax Council for real estate sector.</title>
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    <description>Amendment inserts two entries bringing services of transfer of development rights or FSI (including additional FSI) and long-term lease of land (30 years or more) where consideration is upfront and/or rent, when supplied for construction of a project, under Reverse Charge Mechanism payable by the promoter. It further defines &quot;apartment&quot;, &quot;promoter&quot;, &quot;project&quot; (REP and RREP), RREP commercial-area threshold, and &quot;floor space index (FSI)&quot;. The notification is effective from 1 April 2019.</description>
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      <title>Amendment to Notification No. 13/2017- State Tax (Rate) so as to specify services to be taxed under Reverse Charge Mechanism (RCM) as recommended by Goods and Services Tax Council for real estate sector.</title>
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      <description>Amendment inserts two entries bringing services of transfer of development rights or FSI (including additional FSI) and long-term lease of land (30 years or more) where consideration is upfront and/or rent, when supplied for construction of a project, under Reverse Charge Mechanism payable by the promoter. It further defines &quot;apartment&quot;, &quot;promoter&quot;, &quot;project&quot; (REP and RREP), RREP commercial-area threshold, and &quot;floor space index (FSI)&quot;. The notification is effective from 1 April 2019.</description>
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