https://www.taxtmi.com/notifications?id=129616 The amendment defines value of assets as entire business assets and prescribes project level mechanics for ITC apportionment in construction services: compute E/F using carpet areas, finalise ITC on completion or first occupation, reverse excess provisional credits or claim shortfalls via FORM GSTR 3B or FORM GST DRC 03 within prescribed timelines, assign shared inputs on a reasonable basis, and follow special rules for commercial portions and transitioned RREPs. It also prescribes the order of utilisation of ITC and substitutes multiple assessment and demand forms with mandated electronic summaries. en-us Fri, 29 Mar 2019 00:00:00 +0530 Wed, 08 May 2019 14:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=129616 The amendment defines value of assets as entire business assets and prescribes project level mechanics for ITC apportionment in construction services: compute E/F using carpet areas, finalise ITC on completion or first occupation, reverse excess provisional credits or claim shortfalls via FORM GSTR 3B or FORM GST DRC 03 within prescribed timelines, assign shared inputs on a reasonable basis, and follow special rules for commercial portions and transitioned RREPs. It also prescribes the order of utilisation of ITC and substitutes multiple assessment and demand forms with mandated electronic summaries. Notifications GST - States Fri, 29 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=129616