Notification No. 07/2019
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.
Other Notifications
22/2019
Appoints 21.06.2019 as the date from which provisions of Rule 138E of the CGST R...
Read More02/2023 rate
This notification substantially revises compensation cess rates on pan masala an...
Read More39/2021
Sections 108, 109 and sections 113 to 122 of the Finance Act, 2021 are brought i...
Read More