RCM on TRD/ Development Rights and Additional FSI

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..... RCM on TRD/ Development Rights and Additional FSI
Query (Issue) Started By: - Vineet Agrawal Dated:- 25-1-2024 Last Reply Date:- 8-2-2024 Goods and Services Tax - GST
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GST
In m .....

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..... any cases, Building plans are sanctioned in the name of the Landowner. Further, the Application for additional FSI as per local laws is also applied and obtained in the Landowner's name. Question .....

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..... : Does the Landowner promoter become liable for GST under RCM as per Notification No. 5/2019-Central Tax (Rate), since he is also a promoter as per RERA and the additional FSI is granted to him by the .....

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..... authorities? The development agreement is entered at a later stage. Reply By Shilpi Jain: The Reply: FSI is given by whom? Is it Govt? Also, under entry 6B of the IGST RCM rate notification, RCM .....

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..... is applicable only if the person taking FSI is by a promoter and such FSI is taken for construction. In present case LO will transfer the FSI to a builder? then no RCM But as govt services may be li .....

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..... able under RCM.
Discussion Forum - Knowledge Sharing .....

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