Real estate developers

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How real estate developers opt for new scheme of 1% by reversing credit under GST.
Replies (5)
in case of under-constructiom if affordable homes choose existing 8% and new rae 1%_- any
My question is how intimate government about adopting new scheme
effective from 01.04.19
1% fOR EWS/affordable housing
I very well know the provision but how I intimate government that I want to adopt new scheme and how I reverse credit
Those who want to continue with old scheme have option to
exercised in Form at annexure IV by the
10th of May, 2019 ,
So those who opted for new scheme is no need to inform or intimate .

For more detail Kindly refer Notification 3/2019 CT (r)

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