https://www.taxtmi.com/notifications?id=129923 Designates promoters who receive development rights/FSI or long-term land lease for residential construction and who pay consideration in construction services or as upfront amounts as registered persons for state tax. The liability to pay state tax on consideration paid in construction services, monetary consideration for residential construction, upfront lease amounts, and construction services supplied for development rights/FSI arises on issuance of the project's completion certificate where required or on first occupation, whichever is earlier. Definitions from the Real Estate (Regulation and Development) Act, 2016 apply and the tax is payable under reverse charge mechanism. en-us Wed, 01 May 2019 00:00:00 +0530 Sat, 01 Jun 2019 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=129923 Designates promoters who receive development rights/FSI or long-term land lease for residential construction and who pay consideration in construction services or as upfront amounts as registered persons for state tax. The liability to pay state tax on consideration paid in construction services, monetary consideration for residential construction, upfront lease amounts, and construction services supplied for development rights/FSI arises on issuance of the project's completion certificate where required or on first occupation, whichever is earlier. Definitions from the Real Estate (Regulation and Development) Act, 2016 apply and the tax is payable under reverse charge mechanism. Notifications GST - States Wed, 01 May 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=129923