Home Circulars 2019 GST - States GST - States - 2019 This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
TNGST Act 2017-GST on construction of “Affordable Residential Apartments” in Chennai Metropolitan Planning Area- Clarification Issued. - GST - States - 73/2019/TNGSTExtract GOVERNMENT OF TAMIL NADU COMMERCIAL TAXES DEPARTMENT OFFICE OF THE COMMISSIONER OF COMMERCIAL TAXES EZHILAGAM, CHENNAI-GOO 005 PRESENT: DR. T.V. SOMANATHAN, I.A.S., COMMISSIONER OF STATE TAX Circular No. 73/2019/TNGST (RC No.22/34-GSTC/2019/A1/P P) Dated: 28.06.2019 Sub: TNGST Act 2017-GST on construction of Affordable Residential Apartments in Chennai Metropolitan Planning Area- Clarification Issued. As per decision taken in the 33 rd and 34 th GST Council Meetings, Notification Nos. 11, 12,13 and 1 of 2017 of Central Tax Rate have been amended by Notification No. 3, 4, 5 and 8 of 2019 of Central Tax Rate dated 29th March 2019 and Notification Nos. 6 7 of 2019 of Central Tax Rate have also been issued on 29th March 2019, in respect of the Real Estate Sector. Pari materia Notifications have also been issued under the Tamil Nadu Goods and Services Tax Act, 2017 and published in Tamil Nadu Govt. Gazette Extraordinary No. 156 dated 29th March, 2019. 2. In the Notification No. 3/2019 Central Tax (Rate) dated 29.03.2019, a reduced GST rate of 1% has been provided for services of construction of affordable residential apartments by a promoter in a Residential Real Estate Project. The term Affordable Residential Apartment has been defined in sub -clause (a) of the clause (xvi) under explanation in para 4 inserted vide said above Notification, to mean a residential apartment in a project which commences on or after 1 st April 2019, or in an ongoing project in respect of which the promoter has not exercised option in the prescribed form to pay state tax on construction of apartments at the rates as specified for item (ie) or (if) against serial number 3. as the case may be, having carpet area not exceeding 60 square metre in metropolitan cities or 90 square metre in cities or towns other than metropolitan cities and for which the gross amount charged is not more than forty-five lakhs rupees. For this purpose of this clause, (i) Metropolitan cities provided includes Chennai with its respective geographical limits prescribed by an order issued by the Central or State Government in this regard. 3. Under clause (23-a) of Section 2 of the Tamil Nadu Town Country Planning Act 1971 (Tamil Nadu Act 35 of 1972), Chennai Metropolitan Planning Area means the City of Chennai and such contiguous area of such City as the Government may, from time to time, specify by notification in the Tamil Nadu Government Gazette 4. In view of the above, it is hereby notified that for the purpose of the notification referred 3 rd cited above in respect of levy of reduced rate of one percent for the supply of services of construction of affordable residential apartment in a Residential Real Estate Project, the Metropolitan City of Chennai, means the Chennai Metropolitan Planning Area as defined in the Tamil Nadu Town and Country Planning Act 1971 (Tamil Nadu Act of 35 of 1972) Sd/-T.V.Somanathan Commissioner of State Tax Tamil Nadu
|