https://www.taxtmi.com/notifications?id=130627 Rule 42 and related provisions require project-level computation and finalisation of input tax credit and apportionment for construction services under Schedule II clause (b), using E/F ratios based on aggregate carpet areas (including special treatment for apartments booked on or before completion certificate/first occupation), with reversals or claims to be effected via FORM GSTR-3B or FORM DRC-03 within specified return periods; parallel amendments to rule 43 align capital goods common credit calculations, and Rule 88A prescribes utilization order of ITC prioritising integrated tax. en-us Tue, 16 Apr 2019 00:00:00 +0530 Wed, 11 Feb 2026 15:58:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=130627 Rule 42 and related provisions require project-level computation and finalisation of input tax credit and apportionment for construction services under Schedule II clause (b), using E/F ratios based on aggregate carpet areas (including special treatment for apartments booked on or before completion certificate/first occupation), with reversals or claims to be effected via FORM GSTR-3B or FORM DRC-03 within specified return periods; parallel amendments to rule 43 align capital goods common credit calculations, and Rule 88A prescribes utilization order of ITC prioritising integrated tax. Notifications GST - States Tue, 16 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=130627