HARYANA GOVT. GAZ. (EXTRA.), MAR. 31, 2019 (CHTR. 10, 1940 SAKA) 1375 1[k- lekiu çek.ki= ds tkjh djus ;k izFke vf/kHkksx] tSlh Hkh fLFkfr gks] dh frfFk dks cqd ugha gksus ds dkj.k 'ks"k jgus okys vkoklh; ;k okf.kfT;d vikVZesaV ds Hkkx ds ewY; dks ml ewY; ds cjkcj ekuk tk,xk] tks lekiu çek.ki= dks tkjh djus ;k çFke vf/kHkksx] tSlh Hkh fLFkfr gks] dh frfFk dks ,sls izksRlkgd }kjk mlh çdkj ds vikVZesaV dk ewY; fy;k x;k gks A**( ¼iv½ O;k[;k ls lcaf/kr iSjkxzkQ 3 esa] [k.M ¼iv½ ds i'pkr~] fuEufyf[kr [k.M j[ks tk,axs] vFkkZr~:& **¼v½ "vikVZesaV" 'kCn dk ogh vFkZ gksxk tks bls Hkw&lEink ¼fofu;eu vkSj fodkl½ vf/kfu;e] 2016 ¼2016 dk dsUnzh;
vf/kfu;e 16½ dh /kkjk 2 ds [k.M ¼M-½ esa fn;k x;k gS ( ¼vi½ **vQksMsZcy vkoklh; vikVZesaV** dk ogh vFkZ gksxk tks bls gfj;k.kk ljdkj] vkcdkjh rFkk djk/kku foHkkx] vf/klwpuk la[;k 46@,lVh&2] fnukad 30 twu] 2017] esa fn;k x;k gks ( ¼vii½ "çksRlkgd" 'kCn dk ogh vFkZ gksxk tks bls Hkw&lEink ¼fofu;eu vkSj fodkl½ vf/kfu;e] 2016 ¼2016 dk dsUnzh;
vf/kfu;e 16½ dh /kkjk 2 ds [k.M ¼;V½ esa fn;k x;k gS ( ¼viii½ **ifj;kstuk** 'kCn dk ogh vFkZ gksxk] tks bls Hkw&lEink ifj;kstuk ;k vkoklh; Hkw&lEink ifj;kstuk esa fn;k x;k gks ( ¼ix½ **Hkw&lEink ifj;kstuk** dk ogh vFkZ gksxk] tks bls Hkw&lEink ¼fofu;eu vkSj fodkl½ vf/kfu;e] 2016 ¼2016 dk dsUnzh; vf/kfu;e 16½ dh /kkjk 2 ds [k.M ¼;<½ esa fn;k x;k gks ( ¼x½ **vkoklh; Hkw&lEink ifj;kstuk** 'kCn dk vFkZ gS] Hkw&lEink ifj;kstuk ftlesa fdlh okf.kfT;d vikVZesaV~l dk dkjisV {ks= ml Hkw&lEink ifj;kstuk ds lHkh vikVZesaV~l ds dqy dkjisV {ks= ds 15 izfr'kr~ ls vf/kd u gks ( ¼xi½ "dkiZsV {ks=" 'kCn dk vFkZ ogh gS tks Hkw&lEink ¼fofu;eu vkSj fodkl½ vf/kfu;e] 2016 ¼2016 dk dsUnzh;
vf/kfu;e 16½ dh /kkjk 2 ds [k.M ¼V½ esa fn;k x;k gks ( ¼xii½ **ifj;kstuk ds lekiu izek.k&i= tkjh djus ;k izFke vf/kHkksx dh frfFk dks cqd fd;k x;k dksbZ vikVZesaV** dk vFkZ gksxk dksbZ vikVZesaV] tks fuEufyf[kr lHkh rhu 'krksaZ dks iwjk djrk gks] vFkkZr~%& ¼d½ vikVZesaV fuekZ.k dh lsok ds iznk; dh fgLls dk iznk; dk le; mä frfFk dks ;k mlls igys dk gS; rFkk ¼[k½ mä frfFk dks ;k mlls igys iath—r O;fä ds cSad [kkrs esa de ls de ,d fdLr ds cjkcj izfrQy tek djok fn;k x;k gks;
¼x½ mä frfFk dks vFkok mlls igys vikVZesaV dk vkoaVu&i= ;k fcØh djkj ;k mldh cqfdax ds lk{; ds :i esa dksbZ vU; le:i nLrkost gks ( ¼xiii½ **¶yksj Lisl bUMsDl** 'kCn dk ogh vFkZ gksxk tks Hkw&[k.M] ftl ij Hkou dk fuekZ.k fd;k x;k gS] ds vkdkj gsrq Hkou dk Q'kZ {ks= ¼ldy Q'kZ {ks=½ dk vuqikr A ** A 2- ;g vf/klwpuk izFke vizSy] 2019 ls ykxw gksxh A latho dkS’ky] vij eq[; lfpo] gfj;k.kk ljdkj] vkcdkjh rFkk djk/kku foHkkxA HARYANA GOVERNMENT EXCISE AND TAXATION DEPARTMENT Notification The 31st March, 2019 No. 46/GST-2.—In exercise of the powers conferred by sub-section (1) of section 11 of the Haryana Goods and Services Tax Act, 2017 (19 of 2017), the Governor of Haryana, on being satisfied that it is necessary in the public interest so to do, on the recommendations of the Council, hereby makes the following amendments in the Haryana Government, Excise and Taxation Department, notification No.47/ST-2, dated the 30th June, 2017, namely:- Amendment In the Haryana Government, Excise and Taxation Department, Notification No. 47/ST-2, dated the 30th June, 2017,- 1376 HARYANA GOVT. GAZ. (EXTRA.), MAR. 31, 2019 (CHTR. 10, 1940 SAKA)
(i) in the preamble, for the word, brackets and figures “sub-section (1) of section 11” the word, brackets and figures “, sub-section (3) and sub-section (4) of section 9, sub-section (1) of section 11, sub-section (5) of section 15 and section 148,” shall be substituted;
(ii) in the Table, -
(a) under column (1), (2), (3),(4) and (5), after serial number 41, and entries thereagainst, the following serial numbers and entries thereagainst shall be inserted, namely: -
(1) (2) (3) (4) (5) “41A Heading 9972 Service by way of transfer of development rights (herein refer TDR) or Floor Space Index (FSI) (including additional FSI) on or after 1st April, 2019 for construction of residential apartments by a promoter in a project, intended for sale to a buyer, wholly or partly, except where the entire consideration has been received after issuance of completion certificate, where required, by the competent authority or after its first occupation, whichever is earlier.
The amount of GST exemption available for construction of residential apartments in the project under this notification shall be calculated as under:
[GST payable on TDR or FSI(including additional FSI) or both for construction of the project]x(carpet area of the residential apartments in the project ÷ Total carpet area of the residential and commercial apartments in the project ) Nil Provided that the promoter shall be liable to pay tax at the applicable rate, on reverse charge basis, on such proportion of value of development rights, or FSI (including additional FSI), or both, as is attributable to the residential apartments, which remain un-booked on the date of issuance of completion certificate, or first occupation of the project, as the case may be, in the following manner - [GST payable on TDR or FSI(including additional FSI) or both for construction of the residential apartments in the project but for the exemption contained herein]x (carpet area of the residential apartments in the project which remain un- booked on the date of issuance of completion certificate or first occupation÷ Total carpet area of the residential apartments in the project)
Provided further that tax payable in terms of the first proviso hereinabove shall not exceed 0.5 per cent of the value in case of affordable residential apartments and 2.5 per cent of the value in case of residential apartments other than affordable residential apartments remaining un- booked on the date of issuance of completion certificate or first occupation The liability to pay state tax on the said portion of the development rights or FSI, or both, calculated as above, shall arise on the date of completion or first occupation of the project, as the case may be, whichever is earlier.
41B Heading 9972 Upfront amount (called as premium, salami, cost, price, development charges or by any other name) payable in respect of service by way of granting of long term lease of thirty Nil Provided that the promoter shall be liable to pay tax at the applicable rate, on reverse charge basis, on such proportion of upfront amount (called as premium, salami, cost, price, development charges or by any other HARYANA GOVT. GAZ. (EXTRA.), MAR. 31, 2019 (CHTR. 10, 1940 SAKA) 1377
(1) (2) (3) (4) (5) years, or more, on or after the 1st April, 2019, for construction of residential apartments by a promoter in a project, intended for sale to a buyer, wholly or partly, except where the entire consideration has been received after issuance of completion certificate, where required, by the competent authority or after its first occupation, whichever is earlier.
The amount of GST exemption available for construction of residential apartments in the project under this notification shall be calculated as under:
[GST payable on upfront amount (called as premium, salami, cost, price, development charges or by any other name) payable for long term lease of land for construction of the project]x(carpet area of the residential apartments in the project ÷ Total carpet area of the residential and commercial apartments in the project).
name) paid for long term lease of land, as is attributable to the residential apartments, which remain un- booked on the date of issuance of completion certificate, or first occupation of the project, as the case may be, in the following manner - [GST payable on upfront amount (called as premium, salami, cost, price, development charges or by any other name) payable for long term lease of land for construction of the residential apartments in theproject but for the exemption contained herein]x(carpet area of the residential apartments in the project which remain un- booked on the date of issuance of completion certificate or first occupation ÷ Total carpet area of the residential apartments in the project);
Provided further that the tax payable in terms of the first proviso shall not exceed 0.5 per cent. of the value in case of affordable residential apartments and 2.5 per cent of the value in case of residential apartments other than affordable residential apartments remaining un- booked on the date of issuance of completion certificate or first occupation.
The liability to pay state tax on the said proportion of upfront amount (called as premium, salami, cost, price, development charges or by any other name) paid for long term lease of land, calculated as above, shall arise on the date of issue of completion certificate or first occupation of the project, as the case may be.
(iii) after paragraph 1, the following paragraphs shall be inserted, namely, - “1A. Value of supply of service by way of transfer of development rights or FSI by a person to the promoter against consideration in the form of residential or commercial apartments shall be deemed to be equal to the value of similar apartments charged by the promoter from the independent buyers nearest to the date on which such development rights or FSI is transferred to the promoter.
1B. Value of portion of residential or commercial apartments remaining un-booked on the date of issuance of completion certificate or first occupation, as the case may be, shall be deemed to be equal to the value of similar apartments charged by the promoter nearest to the date of issuance of completion certificate or first occupation, as the case may be.”;
1378 HARYANA GOVT. GAZ. (EXTRA.), MAR. 31, 2019 (CHTR. 10, 1940 SAKA)
(iv) in paragraph 3 relating to Explanation, after clause (iv), the following clauses shall be added, namely: - “(v) The term “apartment” shall have the same meaning as assigned to it in clause (e) under section 2 of the Real Estate (Regulation and Development) Act, 2016 (16 of 2017).
(vi) The term “affordable residential apartment” shall have the same meaning as assigned to it in the Haryana Government, Excise and Taxation Department, notification No. 46/ST-2, dated the 30th June, 2017, as amended.
(vii) The term “promoter” shall have the same meaning as assigned to it in clause (zk) under section 2 of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016).
(viii) The term “project” shall mean a Real Estate Project or a Residential Real Estate Project.
(ix) the term “Real Estate Project (REP)” shall have the same meaning as assigned to it in clause (zn) under section 2 of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016).
(x) The term “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;
(xi) The term “carpet area” shall have the same meaning as assigned to it clause (k) under section 2 of the Real Estate (Regulation and Development) Act, 2016 (16 of 2016).
(xii) “an apartment booked on the date of issuance of completion certificate or first occupation of the project” shall mean an apartment which meets all the following three conditions, namely-
(a) part of supply of construction of the apartment service has time of supply on or before the said date; and
(b) consideration equal to at least one installment has been credited to the bank account of the registered person on or before the said date; and
(c) an allotment letter or sale agreement or any other similar document evidencing booking of the apartment has been issued on or before the said date.
(xiii) “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 which it is built.”.
2. This notification shall come into force on the 1st day of April, 2019.
SANJEEV KAUSHAL, Additional Chief Secretary to Government, Haryana, Excise and Taxation Department.
56981—C.S.—H.G.P.,Chd.