Notification No. 23/2019
Date: September 30, 2019
Subject: Clarification on applicability of GST exemption relating to development rights
Description:
An explanation is inserted in Notification No. 4/2018 to clarify that the exemption provided therein shall not apply to development rights supplied on or after 01 April 2019. This removes ambiguity regarding the period of applicability of the exemption for real estate development rights.
Issued for earlier notification?
Yes — amends Notification No. 4/2018–Central Tax (Rate).