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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,
SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
(Department of Revenue)

Notification No. 05/2019- Central Tax (Rate)

New Delhi, the 29
th
March, 2019

GSR......(E).- In exercise of the powers conferred by sub-section (3) of section 9 of the
Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the
recommendations of the Council, hereby makes the following further amendments in the
notification of the Government of India, in the Ministry of Finance (Department of Revenue),
No.13/2017- Central Tax (Rate), dated the 28
th
June, 2017, published in the Gazette of India,
Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 692(E), dated the 28
th
June,
2017, namely:-

In the said notification, -

(i) in the Table, after serial number 5A and the entries relating thereto, the following serial
number and entries shall be inserted, namely: -

(1) (2) (3) (4)
“5B Services supplied by any
person by way of transfer
of development rights or
Floor Space Index (FSI)
(including additional FSI)
for construction of a
project by a promoter.
Any person Promoter.
5C Long term lease of land
(30 years or more) by any
person against
consideration in the form
of upfront amount (called
as premium, salami, cost,
price, development
charges or by any other
name) and/or periodic rent
for construction of a
project by a promoter.
Any person Promoter.”;

(ii) in the Explanation, after clause (h), the following clauses shall be inserted, namely: -

“(i) The term “apartment” shall have the same meaning as assigned to it in clause (e)
under section 2 of the Real Estate (Regulation and Development) Act, 2016 (16 of 2017).
(j) the term “promoter” shall have the same meaning as assigned to it in clause (zk) under
section 2 of the Real Estate (Regulation and Development) Act, 2016 (16 of 2017).
(k) the term “project” shall mean a Real Estate Project (REP) or a Residential Real Estate
Project (RREP);
(l) “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).
(m) The term “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.
(n) “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 1
st
of April, 2019.

[F. No. 354/32/2019- TRU]

(Pramod Kumar)
Deputy Secretary to the Government of India

Note: -The principal notification No. 13/2017 - Central Tax (Rate), dated the 28
th
June, 2017 was
published in the Gazette of India, Extraordinary, vide number G.S.R. 692 (E), dated the 28
th
June,
2017 and was last amended by notification No.29/ 2018- Central Tax (Rate), dated the 31
st

December, 2018 vide number G.S.R. 1273 (E), dated the 31
st
December, 2018.