DEAR MEMBERS/ EXPERTS,

I NEED CLARIFY REGARDING GST COMPLIANCE BASED ON FOLLOWING TRASACTION DETAILS:

TOTAL CONSIDERATION /PURCHASE AGREEMENT VALUE (AGREEMENT DATE: 29/3/2026) : RS.70,00,000

TDS DEDUCTED UNDER SECTION 194IA 1%  BY THE PURCHASER (MR.A)

PAYMENT TO  LANDOWNER (MR.B) RS.21,00,000 TOWARDS THE LAND COMPONENT.

PAYMENT TO DEVELOPER / CONSTRUCTER DEVELOPER (MR.C) RS. 49,00,000 TOWARDS CONSTRUCTION/ DEVELOPMENT CHARGES.

PROPERTY STATUS: THE CONSTRUCTION HAS BEEN  REGULARIZED VIDE ORDER  HAS BEEN ISSUED BY MUNICIPAL CORPORATION ON DATE:25/03/2026,

GST APPLICABILITY ON DEVELOPMENT/ CONSTRUCTION INCOME OF MR.C 

  1. IF AMOUNT RECEIVED AFTER COMPLETION CERTIFICATE ?
  2. IF AMOUNT RECEIVED BEFORE COMPLETION CERTIFICATE ?