https://www.taxtmi.com/notifications?id=129889 The amendments clarify that value of assets comprises the entire business assets irrespective of input tax credit status, and establish project wise mechanisms for final calculation, reversal and reporting of input tax credit and capital goods credit for construction services. They prescribe E/F carpet area ratios (including treatment of booked and unbooked apartments and partly taxable supplies), require reversals or credit claims via FORM GSTR 3B or FORM GST DRC 03 by the September following project completion (with interest where applicable), permit attribution of shared inputs/capital goods across projects, and introduce new utilization, assessment and form protocols including Rule 88A and multiple substituted forms. en-us Thu, 11 Apr 2019 00:00:00 +0530 Thu, 30 May 2019 11:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=129889 The amendments clarify that value of assets comprises the entire business assets irrespective of input tax credit status, and establish project wise mechanisms for final calculation, reversal and reporting of input tax credit and capital goods credit for construction services. They prescribe E/F carpet area ratios (including treatment of booked and unbooked apartments and partly taxable supplies), require reversals or credit claims via FORM GSTR 3B or FORM GST DRC 03 by the September following project completion (with interest where applicable), permit attribution of shared inputs/capital goods across projects, and introduce new utilization, assessment and form protocols including Rule 88A and multiple substituted forms. Notifications GST - States Thu, 11 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=129889