https://www.taxtmi.com/notifications?id=129916 The notification amends UP GST rules effective 1 April 2019 to reclassify construction services in the Table for serial number 3, setting distinct state tax rates and conditions for affordable, other residential and commercial apartments, and complexes. It prescribes project wise ITC allocation and reversal formulas (Annexures I & II) using carpet area, percentage invoicing, bookings and percentage completion to compute eligible ITC (Te) and ITC reversal (Tx). It requires cash payment of state tax for certain benefits, reverse charge on inputs from unregistered suppliers when registered purchases fall below 80% (with specified exceptions), a one time option by promoters to elect specified tax rates via Annexure IV, and detailed reporting and invoicing rules. en-us Thu, 16 May 2019 00:00:00 +0530 Wed, 11 Feb 2026 15:58:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=129916 The notification amends UP GST rules effective 1 April 2019 to reclassify construction services in the Table for serial number 3, setting distinct state tax rates and conditions for affordable, other residential and commercial apartments, and complexes. It prescribes project wise ITC allocation and reversal formulas (Annexures I & II) using carpet area, percentage invoicing, bookings and percentage completion to compute eligible ITC (Te) and ITC reversal (Tx). It requires cash payment of state tax for certain benefits, reverse charge on inputs from unregistered suppliers when registered purchases fall below 80% (with specified exceptions), a one time option by promoters to elect specified tax rates via Annexure IV, and detailed reporting and invoicing rules. Notifications GST - States Thu, 16 May 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=129916