This corrigendum corrects typographical errors in the rate column of Notification No. 03/2019–Integrated Tax (Rate). The figures “6” and “9” are substituted with “12” and “18” respectively at the specified places in the table. The correction clarifies applicable tax rates without altering the substantive provisions of the notification.Issued for earlier notification?Yes — corrigendum to Notification No. 03/2019–Integrated Tax (Rate).
This corrigendum corrects typographical errors in the rate column of Notification No. 03/2019–Integrated Tax (Rate). The figures “6” and “9” are substituted with “12” and “18” respectively at the specified places in the table. The correction clarifies applicable tax rates without altering the substantive provisions of the notification.Issued for earlier notification?Yes — corrigendum to Notification No. 03/2019–Integrated Tax (Rate).
This notification inserts S. Nos. 5B and 5C, making promoters liable to pay GST under RCM on transfer of development rights, FSI (including additional FSI) and long-term lease of land (30 years or more). Definitions of apartment, promoter, project, REP and RREP are inserted for uniform application.Issued for earlier notification?Yes — amends Notification No. 13/2017–Central Tax (Rate).
This notification inserts S. Nos. 5B and 5C, making promoters liable to pay GST under RCM on transfer of development rights, FSI (including additional FSI) and long-term lease of land (30 years or more). Definitions of apartment, promoter, project, REP and RREP are inserted for uniform application.Issued for earlier notification?Yes — amends Notification No. 13/2017–Central Tax (Rate).
This notification makes promoters liable to pay GST under RCM on shortfall in procurement of goods/services from registered suppliers, cement, and capital goods purchased from unregistered persons. It ensures minimum procurement thresholds prescribed under Notification 11/2017 are met in real estate projects.Issued for earlier notification?No — standalone notification issued under Section 9(4).
This notification makes promoters liable to pay GST under RCM on shortfall in procurement of goods/services from registered suppliers, cement, and capital goods purchased from unregistered persons. It ensures minimum procurement thresholds prescribed under Notification 11/2017 are met in real estate projects.Issued for earlier notification?No — standalone notification issued under Section 9(4).
Summary:This notification mandates reversal of input tax credit on inputs, semi-finished goods, finished goods and capital goods where a registered person having availed ITC opts to pay tax under the composition scheme for real estate projects. Remaining ITC balance shall lapse after reversal.Issued for earlier notification?Yes — amends Notification No. 02/2019–Central Tax (Rate).
Summary:This notification mandates reversal of input tax credit on inputs, semi-finished goods, finished goods and capital goods where a registered person having availed ITC opts to pay tax under the composition scheme for real estate projects. Remaining ITC balance shall lapse after reversal.Issued for earlier notification?Yes — amends Notification No. 02/2019–Central Tax (Rate).
This corrigendum corrects clause numbering errors in Notification No. 10/2019–Central Tax by substituting incorrect references “(iii)” and “(iv)” with “(c)” and “(d)” respectively. The correction is clarificatory in nature and does not alter the substantive exemption granted. It ensures proper interpretation and legislative consistency.
This corrigendum corrects clause numbering errors in Notification No. 10/2019–Central Tax by substituting incorrect references “(iii)” and “(iv)” with “(c)” and “(d)” respectively. The correction is clarificatory in nature and does not alter the substantive exemption granted. It ensures proper interpretation and legislative consistency.
This notification amends the CGST Rules, 2017 by inserting FORM GST CMP-08 for quarterly payment of self-assessed tax by composition taxpayers. It also amends rules 23 and 62 relating to revocation of cancellation of registration and composition returns. The notification operationalises the new return framework for composition dealers.Issued under: Section 164 of the CGST Act.
This notification amends the CGST Rules, 2017 by inserting FORM GST CMP-08 for quarterly payment of self-assessed tax by composition taxpayers. It also amends rules 23 and 62 relating to revocation of cancellation of registration and composition returns. The notification operationalises the new return framework for composition dealers.Issued under: Section 164 of the CGST Act.
This notification overhauls the GST rate structure for construction of residential and commercial apartments, introducing new concessional rates for affordable residential housing and revising rates for other residential and commercial projects. It prescribes conditions such as mandatory procurement from registered persons, reverse charge on shortfall and cement purchases, ITC restrictions, valuation rules, and detailed definitions aligned with RERA. Transitional provisions and ITC reversal mechanisms are also laid down for ongoing projects.Issued for earlier notification:Yes — amends Notification No. 11/2017–Central Tax (Rate).
This notification overhauls the GST rate structure for construction of residential and commercial apartments, introducing new concessional rates for affordable residential housing and revising rates for other residential and commercial projects. It prescribes conditions such as mandatory procurement from registered persons, reverse charge on shortfall and cement purchases, ITC restrictions, valuation rules, and detailed definitions aligned with RERA. Transitional provisions and ITC reversal mechanisms are also laid down for ongoing projects.Issued for earlier notification:Yes — amends Notification No. 11/2017–Central Tax (Rate).
This notification inserts new exemption entries for transfer of development rights (TDR), Floor Space Index (FSI) and upfront amounts for long-term lease of land used for construction of residential apartments by promoters. The exemption is subject to reverse charge on unsold residential units at completion. Detailed valuation mechanisms and definitions aligned with RERA are introduced.Issued for earlier notification?Yes — amends Notification No. 12/2017–Central Tax (Rate).
This notification inserts new exemption entries for transfer of development rights (TDR), Floor Space Index (FSI) and upfront amounts for long-term lease of land used for construction of residential apartments by promoters. The exemption is subject to reverse charge on unsold residential units at completion. Detailed valuation mechanisms and definitions aligned with RERA are introduced.Issued for earlier notification?Yes — amends Notification No. 12/2017–Central Tax (Rate).
This notification specifies promoters receiving TDR, FSI or long-term lease of land as a special class of persons. It prescribes that GST liability on such supplies shall arise at completion certificate or first occupation, whichever is earlier. The notification ensures deferred tax payment aligned with real estate project completion.Issued for earlier notification?No — issued independently under Section 148 of the CGST Act.
This notification specifies promoters receiving TDR, FSI or long-term lease of land as a special class of persons. It prescribes that GST liability on such supplies shall arise at completion certificate or first occupation, whichever is earlier. The notification ensures deferred tax payment aligned with real estate project completion.Issued for earlier notification?No — issued independently under Section 148 of the CGST Act.
A new entry 452Q is inserted in Schedule III (9%) covering supply of goods (other than capital goods and cement) by an unregistered person to a promoter, where tax is payable by the promoter under RCM as per Notification 07/2019. This ensures correct rate linkage with RCM liability.Issued for earlier notification?Yes — amends Notification No. 01/2017–Central Tax (Rate).
A new entry 452Q is inserted in Schedule III (9%) covering supply of goods (other than capital goods and cement) by an unregistered person to a promoter, where tax is payable by the promoter under RCM as per Notification 07/2019. This ensures correct rate linkage with RCM liability.Issued for earlier notification?Yes — amends Notification No. 01/2017–Central Tax (Rate).
