Notification on Liability for Construction Services
Central Government notifies classes of registered persons under Union Territory GST Act, 2017.
Registered persons supplying development rights for construction services.
Liability to pay Union territory tax arises upon transfer of possession or rights in constructed structures.
Applies to consideration received in form of construction services or development rights.
Ensures tax liability aligns with transfer of ownership.
Facilitates smoother taxation process for construction-related transactions.
Implemented by Ruchi Bisht, Under Secretary to the Government of India.