The Government of Telangana on November 07, 2024, issued a notification regarding Telangana Goods and Services Tax Act, 2017.
The State Government, 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 notification No. 15/2017- State Tax (Rate) issued in G.O.Ms No. 110, Revenue (CT-II) Department, dt. June 26, 2017, published in Telangana Gazette, Part-I Extraordinary No. 191/A.
The following has been amended-
•In the said notification, in opening paragraph , for the words, brackets, letters and figures “specified in sub item (b) of item 5 of Schedule II of the Telangana Goods and Services Tax Act, 2017”, the words, “of construction of a complex, building or a part thereof, intended for sale to a buyer, wholly or partly, where the amount charged from the recipient of service includes the value of land or undivided share of land, as the case may be, 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”, shall be substituted.
This notification shall come into force with effect from October 20, 2023.
[Notification No. 15/2023-State Tax (Rate)]
