https://www.taxtmi.com/notifications?id=129398 Amendment revises State GST rates and conditions for real estate supplies, creating differentiated tax entries for affordable, other residential and commercial apartments, composite works and general construction. It conditions lower-rate eligibility on project status, a one time option for ongoing projects, timing of consideration, and an 80% procurement-from registered suppliers threshold; shortfalls or cement from unregistered suppliers attract reverse charge. Annexures prescribe project wise ITC allocation formulae (Tx = T - Te) using carpet area, percentage completion and invoicing, with reporting, payment and certification rules for promoters. en-us Sat, 30 Mar 2019 00:00:00 +0530 Tue, 16 Apr 2019 15:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=129398 Amendment revises State GST rates and conditions for real estate supplies, creating differentiated tax entries for affordable, other residential and commercial apartments, composite works and general construction. It conditions lower-rate eligibility on project status, a one time option for ongoing projects, timing of consideration, and an 80% procurement-from registered suppliers threshold; shortfalls or cement from unregistered suppliers attract reverse charge. Annexures prescribe project wise ITC allocation formulae (Tx = T - Te) using carpet area, percentage completion and invoicing, with reporting, payment and certification rules for promoters. Notifications GST - States Sat, 30 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=129398