https://www.taxtmi.com/notifications?id=130110 Amendments require project wise calculation of input tax credit apportionment for construction services under Schedule II using carpet area based ratios, with final reconciliation at project completion or first occupation. Where final aggregated credit differs from provisional determinations, registered persons must reverse excesses or claim deficits via prescribed returns (FORM GSTR 3B or FORM DRC 03) within the month of September following the financial year of completion, with interest applicable on reversals; separate computation and declaration across tax heads and specific rules for commercial portions, capital goods attribution and multi project use are prescribed. en-us Thu, 30 May 2019 00:00:00 +0530 Sat, 06 Jul 2019 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=130110 Amendments require project wise calculation of input tax credit apportionment for construction services under Schedule II using carpet area based ratios, with final reconciliation at project completion or first occupation. Where final aggregated credit differs from provisional determinations, registered persons must reverse excesses or claim deficits via prescribed returns (FORM GSTR 3B or FORM DRC 03) within the month of September following the financial year of completion, with interest applicable on reversals; separate computation and declaration across tax heads and specific rules for commercial portions, capital goods attribution and multi project use are prescribed. Notifications GST - States Thu, 30 May 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=130110