Retrospective reversal of ITC for real estate sector - An 'unreal' welfare?

Sir, I think Para 2(iv) of Notification no 11 of2017-CTR takes care of reversal so as to avail concessional rate. The said para reads : Wherever a rate has been prescribed in this notification subject to the condition that credit of input tax charged on goods or services used in supplying the service has not been taken, it shall mean that,

(a) credit of input tax charged on goods or services used exclusively in supplying such service has not been taken; and

(b) credit of input tax charged on goods or services used partly for supplying such service and partly for effecting other supplies eligible for input tax credits, is reversed as if supply of such service is an exempt supply and attracts provisions of sub-section (2) of section 17 of the Central Goods and Services Tax Act, 2017 and the rules made thereunder.
Kindly examine.... Mallikarjun Reddy,7702620004;

mallikarjun reddy c 27/04/2019