Due date for availing option for residential real estate project is extended till May 20, 2019

CBIC vide Notification No. 10/2019-Central Tax (Rate) dated May 10, 2019 notified that the date for exercising the option for residential real estate project to either stay at the old GST rate of 8% or at 12% with Input Tax Credit or to avail New GST Rate at 1% or 5% without Input Tax Credit at as per Notification No. 03/2019 – CT(R) dated March 29, 2019has been extended till May 20, 2019.

Complete Notification can be accessed at: http://www.a2ztaxcorp.com/wp-content/uploads/2019/05/notfctn-10-2019-cgst-rate-english.pdf