Amendment to Development Rights Taxation:

Authority: Central Government under CGST Act, 2017. Date of Amendment: Effective from October 1, 2019.

Affected Provision: Notification No. 4/2018 - Central Tax (Rate), dated January 25, 2018. Change: Insertion of an explanation excluding development rights supplied after April 1, 2019.

Issued By: Ruchi Bisht, Under Secretary to the Government of India.

Purpose: To clarify the applicability of the notification with regard to development rights.

Implementation: Gazette notification No. 4/2018 - Central Tax (Rate), dated January 25, 2018.