Lok Sabha passes GST Bill with Rajya Sabha amendments

Keeping the spirit of “One Nation, One Tax, One Market”, the Hon’ble Finance Minister, Sh. Arun Jaitley presented the Constitution (122nd Amendment) Bill, 2014 on GST on August 08, 2016 in the Lok Sabha, which was passed by the Rajya Sabha on August 3, 2016 with certain key amendments. The Lok Sabha had unanimously passed the GST Bill with … Continue reading Lok Sabha passes GST Bill with Rajya Sabha amendments


The following shall constitute declared services, namely:

  • RENTING of Immovable Property;
  • CONSTRUCTION of a complex, building, civil structure or a part thereof, including a complex or building intended for sale to a buyer, wholly or partly,
    • Except
    • Where the Entire Consideration is received after issuance of Completion Certificate by the Competent Authority

Explanation. – For the purposes of this clause,-

the expression “Competent Authority” means

  1. the Government or any authority authorized to issue completion certificate under any law for the time being in force and
  2. in case of non-requirement of such certificate from such authority, from any of the following, namely:-
    • Architect registered with the Council of Architecture constituted under the Architects Act, 1972; or
    • Chartered Engineer registered with the Institution of Engineers (India); or
    • Licensed Surveyor of the respective local body of the city or town or village or development or planning authority;

the expression “Construction” includes additions, alterations, replacements or remodeling of any existing civil structure;

Continue reading “Section 66E – DECLARED SERVICES”