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GST on supply of services of FSI by Municipal Corporation BMC

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..... Dear SIr, We have constructed parking lot and have received 2 FSI from the Municipal Corporation (i.e. BMC). Is the transaction of supply of service by way of FSI liable to GST under RCM or is .....

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..... it exempt in terms of Noti. No. 12/2017 - Central Tax (Rate) ? - Reply By Shilpi Jain - The Reply = If it is a local authority and the function can be said to fall under 243W 1. Urban planni .....

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..... ng including town planning. 2. Regulation of land-use and construction of buildings Exemption should be eligible. - Reply By YAGAY andSUN - The Reply = Reverse Charge Mechanism on Real Estate .....

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..... sector (w.e.f. 01-04- 2019):- Description Of Service Tax Payable by Services supplied by any person by way of transfer of development rights or Floor Space Index (FSI) (including additional FSI) for .....

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..... construction of a project by a promoter on unsold flats by Promoter (However RCM is to the extent of unsold portion). - GST on supply of services of FSI by Municipal Corporation BMC - Query Started .....

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..... By: - Dinesh Shah Dated:- 31-5-2021 Goods and Services Tax - GST - Got 2 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxman .....

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..... agementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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