Query is as follows:
If i am an existing tenant of a building which is to undergo redevelopment and if i were to buy additional space (more than what i am entitled to) then :
a. Whether GST is applicable?
b. If so, at what rate?
c. Under which section / rule / notification wud this be applicable, in case so?
What do you mean by "buying an additional space (more than what I am entitled to)"? Being a tenant what is an entitlement in the property?
Will you be buying space from the redeveloped property?
CCI
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CAclubindia
