This notification comprehensively amends Notification No. 8/2017–Integrated Tax (Rate) to introduce a new GST framework for real estate projects. It prescribes reduced rates for construction of residential and affordable housing subject to conditions, restricts input tax credit, and introduces reverse charge liability for shortfall in procurement from registered suppliers. Detailed valuation rules, definitions, and transitional provisions for ongoing projects are also notified.Issued for earlier notification?Yes — it amends Notification No. 8/2017–Integrated Tax (Rate).
This notification comprehensively amends Notification No. 8/2017–Integrated Tax (Rate) to introduce a new GST framework for real estate projects. It prescribes reduced rates for construction of residential and affordable housing subject to conditions, restricts input tax credit, and introduces reverse charge liability for shortfall in procurement from registered suppliers. Detailed valuation rules, definitions, and transitional provisions for ongoing projects are also notified.Issued for earlier notification?Yes — it amends Notification No. 8/2017–Integrated Tax (Rate).
This notification amends Notification No. 9/2017–Integrated Tax (Rate) to grant conditional exemption on services by way of transfer of development rights, FSI, and long-term lease of land used for construction of residential apartments. Tax under reverse charge is payable on the portion attributable to unsold apartments at the time of completion or first occupation. Valuation rules and caps on tax liability are also prescribed.Issued for earlier notification?Yes — it amends Notification No. 9/2017–Integrated Tax (Rate).
This notification amends Notification No. 9/2017–Integrated Tax (Rate) to grant conditional exemption on services by way of transfer of development rights, FSI, and long-term lease of land used for construction of residential apartments. Tax under reverse charge is payable on the portion attributable to unsold apartments at the time of completion or first occupation. Valuation rules and caps on tax liability are also prescribed.Issued for earlier notification?Yes — it amends Notification No. 9/2017–Integrated Tax (Rate).
This notification amends Notification No. 10/2017–Integrated Tax (Rate) to notify services relating to transfer of development rights, FSI, and long-term lease of land for construction projects as supplies liable to tax under reverse charge. The promoter is specified as the person liable to pay tax. Relevant definitions aligned with real estate law are also incorporated.Issued for earlier notification?Yes — it amends Notification No. 10/2017–Integrated Tax (Rate).
This notification amends Notification No. 10/2017–Integrated Tax (Rate) to notify services relating to transfer of development rights, FSI, and long-term lease of land for construction projects as supplies liable to tax under reverse charge. The promoter is specified as the person liable to pay tax. Relevant definitions aligned with real estate law are also incorporated.Issued for earlier notification?Yes — it amends Notification No. 10/2017–Integrated Tax (Rate).
This notification specifies the class of registered persons (promoters) and prescribes the time of supply for services involving development rights, FSI, and long-term lease of land. The tax liability is deferred to the date of issuance of completion certificate or first occupation of the project. The notification provides certainty and uniformity in taxation of real estate transactions.Issued for earlier notification?Yes — issued in pursuance of sections 20 and 148 of the CGST Act read with the IGST Act.
This notification specifies the class of registered persons (promoters) and prescribes the time of supply for services involving development rights, FSI, and long-term lease of land. The tax liability is deferred to the date of issuance of completion certificate or first occupation of the project. The notification provides certainty and uniformity in taxation of real estate transactions.Issued for earlier notification?Yes — issued in pursuance of sections 20 and 148 of the CGST Act read with the IGST Act.
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.
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.
This notification amends Notification No. 1/2017–Integrated Tax (Rate) by inserting a new entry under Schedule III (18%) to prescribe the applicable IGST rate on supplies of goods (other than capital goods and cement) made by unregistered persons to promoters for construction of real estate projects, where tax is payable by the promoter under reverse charge as notified under Notification No. 07/2019. It ensures uniform rate application for such supplies.Issued for earlier notification?Yes — it amends Notification No. 1/2017–Integrated Tax (Rate).
This notification amends Notification No. 1/2017–Integrated Tax (Rate) by inserting a new entry under Schedule III (18%) to prescribe the applicable IGST rate on supplies of goods (other than capital goods and cement) made by unregistered persons to promoters for construction of real estate projects, where tax is payable by the promoter under reverse charge as notified under Notification No. 07/2019. It ensures uniform rate application for such supplies.Issued for earlier notification?Yes — it amends Notification No. 1/2017–Integrated Tax (Rate).
Amends CGST Rules to prescribe revised methodology for input tax credit reversal in real estate projects. Introduces Rule 88A for order of utilisation of ITC. Substitutes multiple forms relating to assessment, demand, recovery and rectification proceedings.Previous Notification: Notification No. 3/2017–Central Tax dated 19.06.2017Effective Date: 29.03.2019 / 01.04.2019 (as specified rule-wise)
Amends CGST Rules to prescribe revised methodology for input tax credit reversal in real estate projects. Introduces Rule 88A for order of utilisation of ITC. Substitutes multiple forms relating to assessment, demand, recovery and rectification proceedings.Previous Notification: Notification No. 3/2017–Central Tax dated 19.06.2017Effective Date: 29.03.2019 / 01.04.2019 (as specified rule-wise)
This notification extends the due date for furnishing FORM GST ITC-04 in respect of goods sent to or received from job workers during July 2017 to March 2019 up to 30 June 2019. It is issued in supersession of Notification No. 78/2018–CT. The extension was granted to ease compliance burden.Issued under: Section 168 read with Rule 45(3) of the CGST Rules.Amendment:Yes it has been amended through notification 32/2019
This notification extends the due date for furnishing FORM GST ITC-04 in respect of goods sent to or received from job workers during July 2017 to March 2019 up to 30 June 2019. It is issued in supersession of Notification No. 78/2018–CT. The extension was granted to ease compliance burden.Issued under: Section 168 read with Rule 45(3) of the CGST Rules.Amendment:Yes it has been amended through notification 32/2019
Extends the time limit for furnishing FORM GST ITC-04 in respect of goods sent to or received from job workers. Covers the period from July 2017 to March 2019. Supersedes the earlier notification prescribing the due date for the same period.Previous Notification: Notification No. 78/2018–Central Tax dated 31.12.2018Effective Date: 28.03.2019
Extends the time limit for furnishing FORM GST ITC-04 in respect of goods sent to or received from job workers. Covers the period from July 2017 to March 2019. Supersedes the earlier notification prescribing the due date for the same period.Previous Notification: Notification No. 78/2018–Central Tax dated 31.12.2018Effective Date: 28.03.2019
