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    <title>Seeks to amend Notification No. 13/2017- State Tax (Rate), dated the 28th June, 2017</title>
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    <description>Inserts two new taxable service entries: services by any person transferring development rights or Floor Space Index (FSI), including additional FSI, for construction of a project by a promoter; and long term lease of land by any person for construction of a project by a promoter against upfront consideration and/or periodic rent. Adds definitions aligning &quot;apartment&quot;, &quot;promoter&quot;, &quot;Real Estate Project (REP)&quot;, &quot;Residential Real Estate Project (RREP)&quot; and &quot;floor space index (FSI)&quot; with the Real Estate (Regulation and Development) Act, and defines RREP by commercial carpet area limits.</description>
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    <pubDate>Fri, 29 Mar 2019 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/notifications?id=130343</link>
      <description>Inserts two new taxable service entries: services by any person transferring development rights or Floor Space Index (FSI), including additional FSI, for construction of a project by a promoter; and long term lease of land by any person for construction of a project by a promoter against upfront consideration and/or periodic rent. Adds definitions aligning &quot;apartment&quot;, &quot;promoter&quot;, &quot;Real Estate Project (REP)&quot;, &quot;Residential Real Estate Project (RREP)&quot; and &quot;floor space index (FSI)&quot; with the Real Estate (Regulation and Development) Act, and defines RREP by commercial carpet area limits.</description>
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