Pot applications for construction contracts

Construction service carried over the period of time and payment received on slab basis. Where sales deed or agreement to sales will be on completion of flat that is in future. For such Construction contract how POT will be work out, can you please explain in brief?
Replies (1)

For Construction work date of completion of each event for which a separate completion certificate is received, will be treated as a different service and a continuous service. So POT will be as per rule 3 i.e. 1) if the invoice is raised within 30 days of completion then POT will be date of invoice or date of payment whichever is earlier else POT will be date of completion or date of payment whichever is earlier.

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