GST on SRA Project


This query is : Resolved 

Quick Summary
This discussion clarifies the Goods and Services Tax (GST) implications for SRA projects where a developer subcontracts construction work. It confirms that the consideration received by the subcontractor is a taxable supply under GST. The applicable GST rate is 18%, charged on the value of the TDR (Transfer of Development Rights) and the cost of construction.

12 January 2023 Developer is constructing SRA project
However he is giving this construction work to another developer for consideration

My question is whether this consideration is a taxable supply under GST and if Yes GST should be charged at what rate. Consideration can be divided in TDR supply and cost of construction

15 January 2023 Yes, at 18%...

16 January 2023 GST is chargeable on cost of land/Value of TDR also in this case ?

16 January 2023 Cost of sellable FSI of the land with TDR value.


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