C-925% | (GST 2u{lo(4 (TO BE PUBLISHEDIN PARTIV OF THE DELHI GAZETTE EXTRAORDINARY) GOVERNMENT OF NATIONAL CAPITAL TERRITORYOF DELHI FINANCE (REVENUE-1) DEPARTMENT DELHI SACHIVALAYA,I.P. ESTATE: NEW DELHI-110 002 Dated: #4/le//f Notification No 07/2019- State Tax (Rate) No.F.3(74)/Fin (Rev-)/2019-20/ DS-vil ¥ £A No. F.3 (74)/Fin(Rev-l)/2019-20/- In exercise of the powers conferred by subsection (4) wi section 9 of the Delhi Goods and Services Tax Act, 2017 (03 of 2017),the Lt. Governor of National Capital Territory of Delhi, on the recommendations of the Council, hereby notifies that the registered person specified in column (3) of the table below, shall in respect of supply of goods or services or both specified in column (2) of the Table below, received from an unregistered supplier shall pay tax on reverse charge basis as recipient of such goodsor services or both, namely:- Table Sl. Category of supply of goods and services No . goods and Recipient of |. services | | x (1) (2) (3) an Supply of such goods and services or both [otherthan Promoter.
ae <a vt against serial No. (3), published in Gazette of Delhi vide services by way of grant of developmentrights,long term lease of land (against ‘upfront paymentin the form of premium,salami, development charges etc.) or FSI (including additional FSI)] which constitute the shortfall from the minimumvalue 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 yeartill the date of issuance of completion certificate or first occupation, whicheveris earlier) as Ove prescribed in notification No. 11/ 2017- State Tax (Rate), & dated 30" June, 2017, at items (i), (ia), (ib), (ic) and (id) number No. F.3 (15)/Fin (Rev-l)/2017-18/DS-VI/381, dated the 30"June, 2017, as amended.
2 | Cement falling in chapter heading 2523 in the first | Promoter.
schedule to the Customs Tariff Act, 1975 (51 of 1975)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 No. 11/ 2017- State Tax (Rate), dated 30" June, 2017, at items(i), (ia), (ib), (ic) and (id) against serial No. (3), published in Gazette of Delhi vide number No. F.3 (15)/Fin (Rev-l)/2017-18/DS-VI/ 381, dated the 30"June, 2017, as amended.
3 | Capital goods falling under any chapter in the first | Promoter schedule to the Customs Tariff Act, 1975 (51 of 1975) supplied to a promoter for construction of a project on which tax is payable or paid at the rate prescribed for items (i), (ia), (ib), (ic) and (id) against serial number3 in the Table, in notification No. 11/ 2017- State Tax (Rate), dated 30" June, 2017, published in Gazette of Delhi vide number No. F.3 (15)/Fin (Rev-l)/2017-18/DS-V1/381, dated the 30"June, 2017,as amended.
Explanation. - For the purposeofthis notification,-
(i) the term “promoter” shall have the same meaning as assignedto it in clause
(zk) of section 2 of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016);
(ii) “project” shall mean a Real Estate Project (REP) or a Residential Real Estate Project (RREP);
(iii) the term “Real 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 REPin which the carpet area of the commercial apartments is not more than 15 per cent.of the total carpet area ofall the apartments in the REP.
(v) the term “floor space index (FSI)” shall mean the ratio of a building’s total floor area (gross floor area) to the size of the piece of land upon whichit is built.
2. This notification shall come into force with effect from the1™of April, 2019.
By order and in the nameof the Lt. Governorof the National Capital Territory of Delhi, (A.K. Singh) Dy. Secretary VI (Finance) No. F.3 (74)/Fin (Rev-l)/2019-20/ DS-v. ¥7 Dated: 28°//0//S Copy forwarded for information to:- 4, The Addl. Chief Secretary (Finance), Government of NCT of Delhi, Delhi Sachivalaya, I.P. Estate, New Delhi
2. The Principal Secretary (GAD), Government of NCT of Delhi with the request to publish the notification in Delhi Gazette Part-IlV (Extraordinary) in today’s date.
3. The Principal Secretary to the Hon’ble Lieutenant Governor, Delhi
4. The Additional Secretary to the Hon’ble Chief Minister, Government of NCTof Delhi, Delhi Sachivalaya,|.P Estate, New Delhi
2. The Secretary to Finance Minister, Govt. of NCT of Delhi, Delhi Sachivalaya, |.P. Estate, New Delhi
6. The P.A:-to the Leader of Opposition, 29, Delhi Legislative Assembly, Old Secretariat, Delhi.
JLThe Commissioner, State Tax, Delhi, Vyapar Bhawan, I.P. Estate, New Delhi.
8. The Additional Secretary (Law), Government of NCT of Delhi, Delhi Sachivalaya, I.P. Estate, New Delhi
9. OSD to Chief Secretary, Government of NCT of Delhi, Delhi Sachivalaya, I.P. Estate, New Delhi.
10. Guard File.
11. Website.
(A.K. Singh) Dy. Secretary VI (Finance)