https://www.taxtmi.com/notifications?id=130672 Amendment revises taxation of construction and works-contract services by promoters: it prescribes specific state tax rates for categories of apartments (including 0.75% for affordable RREP and 3.75% for other residential RREP), requires cash payment of state tax, limits ITC claim to amounts and methods in Annexure I (REP) and Annexure II (RREP), imposes an 80% procurement-from-registered-suppliers threshold with reverse-charge on shortfalls and on cement from unregistered suppliers, provides a one-time elective option for ongoing projects by 10 May 2019, inserts recipient-liability entry for services from unregistered persons, and adds detailed definitions plus project-wise formulas (Tx/Te and F-factors) for computing eligible ITC and transitional reversals. en-us Thu, 18 Jul 2019 00:00:00 +0530 Wed, 11 Feb 2026 15:58:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=130672 Amendment revises taxation of construction and works-contract services by promoters: it prescribes specific state tax rates for categories of apartments (including 0.75% for affordable RREP and 3.75% for other residential RREP), requires cash payment of state tax, limits ITC claim to amounts and methods in Annexure I (REP) and Annexure II (RREP), imposes an 80% procurement-from-registered-suppliers threshold with reverse-charge on shortfalls and on cement from unregistered suppliers, provides a one-time elective option for ongoing projects by 10 May 2019, inserts recipient-liability entry for services from unregistered persons, and adds detailed definitions plus project-wise formulas (Tx/Te and F-factors) for computing eligible ITC and transitional reversals. Notifications GST - States Thu, 18 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=130672