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Is gst payable

This query is : Resolved 

30 October 2017 Under a joint venture agreement if the developer agrees to give the land owner a certain amount of constructed area. Where in the government value of land is more than the government value of the constructed area that will be allotted to the land owner. In this case is gst payable ?

30 October 2017 GST payable on the value of land treating it as advance paid for the constructed area.


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