https://www.taxtmi.com/notifications?id=129859 Amends Kerala GST notification to prescribe state tax rates and conditions for construction-related services in REPs and RREPs, distinguishing concessional rates for affordable housing and higher rates for other residential and commercial apartments, and introducing an elective higher-rate option for ongoing projects. It prescribes project-wise methods to compute eligible input tax credit (Te) and reversal/payable amount (Tx) with factor-based formulae, mandates an 80% procurement threshold from registered suppliers (with reverse-charge rules and exceptions), sets reporting/payment procedures and expands definitions to determine applicability and valuation. Effective 1 April 2019. en-us Sat, 30 Mar 2019 00:00:00 +0530 Thu, 23 May 2019 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=129859 Amends Kerala GST notification to prescribe state tax rates and conditions for construction-related services in REPs and RREPs, distinguishing concessional rates for affordable housing and higher rates for other residential and commercial apartments, and introducing an elective higher-rate option for ongoing projects. It prescribes project-wise methods to compute eligible input tax credit (Te) and reversal/payable amount (Tx) with factor-based formulae, mandates an 80% procurement threshold from registered suppliers (with reverse-charge rules and exceptions), sets reporting/payment procedures and expands definitions to determine applicability and valuation. Effective 1 April 2019. Notifications GST - States Sat, 30 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=129859