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GST - Highlights / Catch Notes

Home Highlights January 2024 Year 2024 This

Classification of supply - rate of GST on sale of Land and ...


Clarifying GST Rate for Land Sale and Duplex Construction in Dual Agreements.

January 11, 2024

Case Laws     GST     AAR

Classification of supply - rate of GST on sale of Land and construction of Duplex over the same land on execution of two separate Agreements by the Applicant - the Applicant is liable to pay GST @7.5% (CGST @3.75% + SGST @3.75%) after deducting 1/3rd towards land cost from the total consideration i.e. effective rate of 5% GST - AAR

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