This notification notifies that promoters shall be liable to pay IGST under reverse charge on specified supplies received from unregistered suppliers, including goods or services constituting shortfall from the minimum value required to be purchased for construction of a real estate project, cement falling under heading 2523, and specified capital goods. It defines key terms such as promoter, real estate project (REP), residential real estate project (RREP), and floor space index (FSI). The notification implements the revised real estate taxation framework.

Issued for earlier notification?
No — this is a standalone reverse charge notification.