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GST - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Levy of GST - sale of Transferable Development Rights (TDR)/ ...


Transferable Development Rights Sales Taxed at 18% GST for Land Rights Surrender Under Development Control Regulations.

February 13, 2020

Case Laws     GST     AAR

Levy of GST - sale of Transferable Development Rights (TDR)/ Floor Space Index (FSI) received as consideration for surrendering the joint rights in land in terms of Development Control Regulations - The transactions of transfer of development rights/AdditionaI FSI are taxable under GST Laws @ 18%

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