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    <title>Tripura State Goods and Services Tax (Second Amendment) Rules, 2019</title>
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    <description>The amendment revises Tripura SGST Rules to clarify that value of assets includes all business assets irrespective of ITC availed, and to prescribe project wise calculations and finalisation of input tax credit for construction services under Schedule II(b). It mandates E/F carpet area methodology, formulas for aggregate and final common credits (including C3 and Te computations), transitional treatment for projects affected by the 1 April 2019 rate change, reversal or claiming mechanisms with September deadlines and interest, assignment of credits where inputs/capital goods serve multiple projects, and exceptions for certain transitioned RREPs. It also prescribes ITC utilisation order and substitutes multiple assessment, demand and rectification forms with electronic summary/upload requirements.</description>
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    <pubDate>Sat, 30 Mar 2019 00:00:00 +0530</pubDate>
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      <title>Tripura State Goods and Services Tax (Second Amendment) Rules, 2019</title>
      <link>https://www.taxtmi.com/notifications?id=129505</link>
      <description>The amendment revises Tripura SGST Rules to clarify that value of assets includes all business assets irrespective of ITC availed, and to prescribe project wise calculations and finalisation of input tax credit for construction services under Schedule II(b). It mandates E/F carpet area methodology, formulas for aggregate and final common credits (including C3 and Te computations), transitional treatment for projects affected by the 1 April 2019 rate change, reversal or claiming mechanisms with September deadlines and interest, assignment of credits where inputs/capital goods serve multiple projects, and exceptions for certain transitioned RREPs. It also prescribes ITC utilisation order and substitutes multiple assessment, demand and rectification forms with electronic summary/upload requirements.</description>
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      <pubDate>Sat, 30 Mar 2019 00:00:00 +0530</pubDate>
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