EXTRAORDINARY
PUBLISHED BY AUTHORITY
No. 653 CUTTACK, SATURDAY, MARCH 30, 2019/CHAITRA 9, 1941
FINANCE DEPARTMENT
NOTIFICATION
The 30th March, 2019
S.R.O. No.119/2019— In exercise of the powers conferred by sub-section (4) of
Section 9 of the Odisha Goods and Services Tax Act, 2017 ( Odisha Act 7 of 2017), the State
Government, on the recommendations of the Goods and Services Tax Council, hereby notifies
that the registered person specified in Column (3) of the Table below, shall in respect of supply
of goods or services or both specified in Column (2) of the Table below, received from an
unregistered supplier shall pay tax on reverse charge basis as recipient of such goods or services
or both, namely:—
Table
Sl.
No.
Category of supply of goods and services
Recipient
of
goods
and
services
(1)
(2)
(3)
1
Supply of such goods and services or both [other than services by
way of grant of development rights, long term lease of land
(against upfront payment in the form of premium, salami,
development charges etc.) or FSI (including additional FSI)]
which constitute the shortfall from the minimum value of goods
or services or both required to be purchased by a promoter for
construction of project, in a financial year (or part of the financial
year till the date of issuance of completion certificate or first
occupation, whichever is earlier) as prescribed in the notification
of the Government of Odisha, in the Finance Department No.
19869-FIN-CT1-TAX-0022/2017 dated the 29th June,2017 at
items (i), (ia), (ib), (ic) and (id) against serial No. (3), published
in the Extraordinary issue No.1143 of the Odisha Gazette, dated
the 29th June,2017 bearing S.R.O. No. 305/2017 as amended
from time to time and last such amendment is in the notification
of Government of Odisha, in the Finance Department No. 40962-
FIN-CT1-TAX-0043/2017 dated the 31st December,2018
published in the Extraordinary
issue No.2467 of
the
Promoter.
2
Odisha Gazette, dated the 31st December,2018 bearing S.R.O.
No. 498/2018.
2
Cement falling in chapter heading 2523 in the first schedule to
the Customs Tariff Act, 1975 (51 of 1975) which constitute the
shortfall from the minimum value of goods or services or both
required to be purchased by a promoter for construction of
project, in a financial year (or part of the financial year till the
date of issuance of completion certificate or first occupation,
whichever is earlier) as prescribed in notification of the
Government of Odisha, in the Finance Department No. 19869-
FIN-CT1-TAX-0022/2017 dated the 29th June,2017 at items (i),
(ia), (ib), (ic) and (id) against serial No. (3), published in the
Extraordinary issue No.1143 of the Odisha Gazette, dated the
29th June,2017 bearing S.R.O. No. 305/2017 as amended from
time to time and last such amendment is in the notification of
Government of Odisha, in the Finance Department No. 40962-
FIN-CT1-TAX-0043/2017 dated the 31st December,2018
published in the
Extraordinary
issue
No.2467 of
the
Odisha Gazette, dated the 31st December,2018 bearing S.R.O.
No. 498/2018.
Promoter.
3
Capital goods falling under any chapter in the first schedule to
the Customs Tariff Act, 1975 (51 of 1975) supplied to a promoter
for construction of a project on which tax is payable or paid at the
rate prescribed for items (i), (ia), (ib), (ic) and (id) against serial
number (3) in the Table, in notification of the Government of
Odisha, in the Finance Department No. 19869-FIN-CT1-TAX-
0022/2017 dated the 29th June,2017 published in the
Extraordinary issue No.1143 of the Odisha Gazette, dated the
29th June,2017 bearing S.R.O. No. 305/2017 as amended from
time to time and last such amendment is in the notification of
Government of Odisha, in the Finance Department No. 40962-
FIN-CT1-TAX-0043/2017 dated the 31st December,2018
published in the
Extraordinary
issue
No.2467 of
the
Odisha Gazette, dated the 31st December,2018 bearing S.R.O.
No. 498/2018.
Promoter
Explanation. - For the purpose of this notification, —
(i) the term “promoter” shall have the same meaning as assigned to it in in clause (zk)
of Section 2 of the Real Estate (Regulation and Development) Act, 2016 (16 of
2016);
3
(ii) “project” shall mean a Real Estate Project (REP) or a Residential Real Estate
Project (RREP);
(iii) the term “Real Estate Project (REP)” shall have the same meaning as assigned to
it in in clause (zn) of Section 2 of the Real Estate (Regulation and Development)
Act, 2016 (16 of 2016);
(iv) “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.
(v) the term “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 with effect from the 1st of April, 2019.
[No.11234 – FIN-CT1-TAX-0043/2017/FIN.]
By Order of the Governor
SAUMYAJIT ROUT
Deputy Secretary to the Government
Printed and published by the Director, Printing, Stationery and Publication, Odisha, Cuttack-10
Ex. Gaz. 2604-173+300