https://www.taxtmi.com/schedules?id=10281 Integrated GST exemption applies to transfer of development rights or FSI (including additional FSI) for construction of residential apartments intended for sale from 1 April 2019, computed as GST on TDR/FSI for the project multiplied by the ratio of carpet area of residential apartments to total carpet area of residential and commercial apartments. Promoters must pay tax on a reverse-charge basis for proportions attributable to residential apartments un-booked at completion or first occupation, subject to caps of 1% for affordable units and 5% for other units, with liability arising on completion or first occupation. en-us Mon, 15 Apr 2019 12:02:00 +0530 Mon, 15 Apr 2019 12:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/schedules?id=10281 Integrated GST exemption applies to transfer of development rights or FSI (including additional FSI) for construction of residential apartments intended for sale from 1 April 2019, computed as GST on TDR/FSI for the project multiplied by the ratio of carpet area of residential apartments to total carpet area of residential and commercial apartments. Promoters must pay tax on a reverse-charge basis for proportions attributable to residential apartments un-booked at completion or first occupation, subject to caps of 1% for affordable units and 5% for other units, with liability arising on completion or first occupation. Schedules GST Mon, 15 Apr 2019 12:02:00 +0530 https://www.taxtmi.com/schedules?id=10281