TMI BlogSeeks to notify certain services to be taxed under RCM under section 9(4) of SGST Act as recommended by Goods and Services Tax Council for real estate sector.X X X X Extracts X X X X X X X X Extracts X X X X ..... . 07/2019-Puducherry GST (Rate) Puducherry, the 31 st March, 2019 NOTIFICATION In exercise of the powers conferred by sub-section (4) of section 9 of the Puducherry Goods and Services Tax Act, 2017 (Act No.6 of 2017), the Lieutenant-Governor, Puducherry, on the recommendations of the Council, hereby notifies that the registered person specified in column (3) of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... FSI)] which constitute the shortfall from the minimum value of goods or services or both required to be purchased by a promoter for construction of project, in a financial year (or part of the financial year till the date of issuance of completion certificate or first occupation, whichever is earlier) as prescribed in notification issued vide G.O. Ms. No.11/2017-Puducherry GST (Rate), dated the 29 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at items (i), (ia), (ib), (ic) and (id) against serial number 3 in the Table, published in the Gazette of Puducherry, Extraordinary, Part-I, No.95, dated the 29 th June, 2017, as amended. Promoter. 3 Capital goods falling under any chapter in the first schedule to the Customs Tariff Act, 1975 (51 of 1975) supplied to a promote ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al Estate Project (REP) shall have the same meaning as assigned to it in clause (zn) of section 2 of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016); (iv) Residential Real Estate Project (RREP) shall mean a REP in which the carpet area of the commercial apartments is not more than 15 per cent. of the total carpet area of all the apartments in the REP. ( ..... X X X X Extracts X X X X X X X X Extracts X X X X
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