https://www.taxtmi.com/notifications?id=129317 Amendments require project-wise calculation and final reconciliation of input tax credit and common credit for construction services by using carpet area ratios (E/F) and specified aggregates (C3, D1, D2, Te, Tc). Excess credit determined on finalisation must be reversed via FORM GSTR-3B or FORM DRC-03 and shortfalls claimed as credit by the September return following the financial year in which the completion certificate is issued or first occupation occurs; interest applies to reversals. Separate formulae address commercial portions and assignment where inputs or capital goods serve multiple projects. en-us Sat, 30 Mar 2019 00:00:00 +0530 Tue, 16 Apr 2019 15:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=129317 Amendments require project-wise calculation and final reconciliation of input tax credit and common credit for construction services by using carpet area ratios (E/F) and specified aggregates (C3, D1, D2, Te, Tc). Excess credit determined on finalisation must be reversed via FORM GSTR-3B or FORM DRC-03 and shortfalls claimed as credit by the September return following the financial year in which the completion certificate is issued or first occupation occurs; interest applies to reversals. Separate formulae address commercial portions and assignment where inputs or capital goods serve multiple projects. Notifications GST - States Sat, 30 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=129317