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    <title>Input Tax Credit reversal under rules 42/43</title>
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    <description>Input Tax Credit reversal for villa projects depends on completion evidence: a Completion Certificate by the competent authority is required under Schedule II explanation to treat units as complete; if the development is a single registered project under the real estate regulatory framework, an overall project Completion Certificate governs completion for the entire project, and reversal under the GST reversal rules would be applicable only after all villas in the registered project are completed.</description>
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      <title>Input Tax Credit reversal under rules 42/43</title>
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      <description>Input Tax Credit reversal for villa projects depends on completion evidence: a Completion Certificate by the competent authority is required under Schedule II explanation to treat units as complete; if the development is a single registered project under the real estate regulatory framework, an overall project Completion Certificate governs completion for the entire project, and reversal under the GST reversal rules would be applicable only after all villas in the registered project are completed.</description>
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