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GST - Highlights / Catch Notes

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Levy of GST - transfer of land or transfer of 'development ...


GST Liability for Developer-Promoter Arises at Possession Transfer, Not on Receiving Development Rights: Clarification.

September 17, 2022

Case Laws     GST     AAR

Levy of GST - transfer of land or transfer of 'development rights' to the developer by the landowner - The liable to pay GST by the developer-promoter shall arise at the time of transfers possession or right in the constructed complex or constructed flats and not at the time of receipt of development rights. - AAR

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