GST on SRA Project

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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.

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(Querist)
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
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
15 January 2023 Yes, at 18%...
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MAKARAND DAMLE

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MAKARAND DAMLE (Querist)
16 January 2023 GST is chargeable on cost of land/Value of TDR also in this case ?
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
16 January 2023 Cost of sellable FSI of the land with TDR value.
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