Gst on re - development
This query is : Resolved
09 May 2019
XYZ Co-Op Housing Society Limited “has done Redevelopment Agreement with PQR (Developer). XYZ entered in – Redevelopment Agreement in July 2015, which was registered also. In Feb 2019 -Redevelopment was completed and Occupation Certificate was received. Now Developer is asking for GST for the NEW CARPET AREA @ CONSTRUCTION COST @ 8% GST. Is the developer right in asking for GST?
10 May 2019
GST is leviable as, prima facie, the builder has provided construction service. However, detailed examination of agreement/transaction is required to formulate a final view.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Refund of 20%pre-deposit paid for stay application
- TDS Challan Code
- Rent lease agreement
- Relief u/s Section 89
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
