TMI BlogSeeks to notify certain class of persons by exercising powers conferred under section 148 of CGST Act, 2017.X X X X Extracts X X X X X X X X Extracts X X X X ..... .R. 265 (E).- In exercise of the powers conferred by clause (xxvii) of section 21 of the Union Territory Goods and Services Tax Act, 2017 (14 of 2017) read with section 148 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby notifies the following classes of registered persons, namely:- (i) a promoter who ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ercial or residential apartments in the project, for supply of development rights or FSI (including additional FSI); (b) the monetary consideration paid by him, for supply of development rights or FSI (including additional FSI) relatable to construction of residential apartments in project; (c) the upfront amount (called as premium, salami, cost, price, development charges or by any othe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing as assigned to it in in clause (zk) of section 2 of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016); (iii) the term project shall mean a Real Estate Project (REP) or a Residential Real Estate Project (RREP); (iv) the term Real Estate Project (REP) shall have the same meaning as assigned to it in in clause (zn) of section 2 of the Real Estate (Regulation and De ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ication shall come into force with effect from the 1st day of April, 2019. [F. No.354/32/2019-TRU] (Pramod Kumar) Deputy Secretary to the Government of India ************* NOTES:- 1. Substituted vide Notification No. 03/2021- Union Territory Tax (Rate) dated 02-06-2021 w.e.f. 02-06-2021 before it was read as in whose case the liability to 2. Substitut ..... X X X X Extracts X X X X X X X X Extracts X X X X
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