9911796707
TMI BlogGST on TDR proportionate to commercial apartments in RREPX X X X Extracts X X X X X X X X Extracts X X X X ..... GST on TDR proportionate to commercial apartments in RREP X X X X Extracts X X X X X X X X Extracts X X X X ..... al Estate Project (RREP), commercial units are treated similarly to residential units. Why, then, is there a differential treatment in GST between residential and commercial units with regard to TDR exemptions? Reply By Shilpi Jain: The Reply: Agreed. It looks like this has been missed. This is adding on to the cost since one would not get credit for the GST paid on TDR for these commercial unit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s in RREP. Additionally, I think the Government should make TDR for commercial units (whether REP or RREP) same as for residential units i.e. 5% only on unsold and not give credit since there is a lot of hassel in having to pay 18% GST on TDR and that too only by using electronic cash ledger and then take credit. So a representation through associations is the need of the hour for these kind of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... issues which can bring some attention to these issues and some sensible solutions. Reply By Narayan Pujar: The Reply: Thank you for your response, Ma'am. One not so related question. In a JDA, a landowner transfers the development rights to developer in exchange of newly constructed apartments. However, the other day I saw an agreement wherein the landowner has sold the land itself in excha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nge of apartments/shops. Why are not such agreements popular as the JDAs? Does it have any parallel implications in other laws? X X X X Extracts X X X X X X X X Extracts X X X X
|
