GST QUERY ON JOINT DEVELOPMENT AGREEMENT

This query is : Resolved

YOGESH LALWANI (Querist)
Follow

20 July 2021 GST Query :
In Case of Joint Development Agreement entered between Landowner and Builder/Developer for purely commercial project on area sharing basis :
1. Whether GST is Payable on JD Agreement entered between Landowner and Developer and on what amount
2. Whether GST is payable on Landowners share of Shops
3. Whether GST is payable after completion certificate is received on Landowner Share of Shops and Builders/Developers Share of Shops.
4. Whether ITC is to be reversed in any condition

CA Altamush Zafar

CA Altamush Zafar (Expert)
Follow

25 July 2021 1) RCM applicable
2) If landowner sells his share before completion then GST applicable
3)If amount received before completion then GST applicable otherwise not
4) There can be many situation.
My suggestion would be that you should take a proper professional opinion on this.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Anoop

vinay

CA Damodaram

siddhesh satardekar

DHRUV PATEL

Subscribe Now

GST QUERY ON JOINT DEVELOPMENT AGREEMENT

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

GST CONSULTANCY

GST CONSULTANT

Accountant

CA Final

Manager- Finance and Compliance