Amendment to Notification No. 13/2017- State Tax (Rate) so as to specify services to be taxed under Reverse Charge Mechanism (RCM) as recommended by Goods and Services Tax Council for real estate sector.

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....Mumbai 400 032, dated the 30th March 2019 NOTIFICATION Notification No. 05/2019-State Tax (Rate) MAHARASHTRA GOODS AND SERVICES TAX ACT, 2017. No. GST. 1019/C.R.49/Taxation-1.- In exercise of the powers conferred by sub-section (3) of section 9 of the Maharashtra Goods and Services Tax Act, 2017 (Mah. XLIII of 2017), the Government of Maharashtra, on the recommendations of the Council, hereby ....

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....tion in the form of upfront amount (called as premium, salami, cost, price, development charges or by any other name) and/or periodic rent for construction of a project by a promoter. Any person Promoter."; (i) in the Explanation, after clause (h), the following clauses shall be inserted, namely :- "(i) The term "apartment" shall have the same meaning as assigned to it in clause (e) under sect....

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....ll mean the ratio of a building's total floor area (gross floor area) to the size of the piece of land upon which it is built.". 2. This notification shall come into force with effect from the 1st of April 2019. By order and in the name of the Governor of Maharashtra, J. V. DIPTE, Deputy Secretary to Government. Note :- The principal Notification No. MGST. 1017/C.R. 103(12)/Taxation-1 [Notifi....