Seeks to amend Notification No. 104/2018/TAXES, dated 13th July, 2018 - S.R.O. No. 841/2019 - Kerala SGST

GOVERNMENT OF KERALA Taxes (B) Department NOTIFICATION G.O.(P)No.179/2019/TAXES Dated, Thiruvananthapuram, 8th November, 2019 22nd Thulam, 1195 S. R. O. No. 841/2019 In exercise of the powers conferred by section 148 of the Kerala State Goods and Services Tax Act, 2017 (20 of 2017), the Government of Kerala, on the recommendations of the Council, hereby make the following amendments in the notification issued under G.O.(P) No. 104/2018/TAXES, dated 13th July, 2018 and published as S.R.O. No. 481/2018 in the Kerala Gazette Extraordinary No. 1896 dated 13th July, 2018, namely:- After paragraph 1, the following explanation shall be inserted, namely: - Explanation- Nothing contained in this notification shall apply where development rights are supplied on or after 01/04/2019. . 2. This notification shall be deemed to have come into force with effect from the 1st day of October, 2019. By order of the Governor, MANOJ JOSHI., Additional Chief Secretary to Government Explanatory Note (This does not form part of the notification, but is intended to indicate its general purport.) The Government of Kerala had deferred the liability to pay Goods and Services Tax in case of Transferable Development Rights against consideration in the form of construction service and on construction service against consideration in the form of Transferable Development Rights to the time when the possession or right in the property is transferred to the land owner by entering into a conveyance deed or similar instrument such as allotment letter as per the notification issued under G.O.(P) No.104/2018/TAXES, dated 13th July, 2018 and published as S.R.O. No. 481/2018 in the Kerala Gazette Extraordinary No. 1896 dated 13th July, 2018. Now, on recommendation of the Council, the Government have decided to notify that nothing contained in the said notification shall apply where development rights are supplied on or after 1st April, 2019. The notification is intended to achieve the above object