Form 3 under Joint Development

if landowner is not required to withdraw any amount from the Bank account, Why Form 3 to be filed for landowner?

Unless, the land owner is entitled to any amount of cash alongwith constructed area, as per JV agreement.

Form 3 MAHARERA act........" Certificate from a practicing chartered accountant other than the statutory auditor of the promoter, in Form 3, for the cost incurred on construction cost and the land cost. The practicing Chartered Accountant is also required to certify the proportion of the cost incurred on construction and land cost to the total estimated cost of the project. The total estimated cost of the project multiplied by such proportion shall determine the maximum amount which can be withdrawn by the promoter from the separate Bank Account. The promoter shall be required to follow the aforesaid procedure for every withdrawal from the Separate Bank Account till the occupancy certificate in respect of the project is obtained. On receipt of completion certificate in respect of the project, the entire balance amount lying in the Separate Bank Account can be withdrawn by the promoter."

Question arises...... if landowner is not required to withdraw any amount from the Bank account, Why Form 3 to be filed for landowner?

Yes

As per JV agreement, promoter is only allowed to sell the units allotted to his shares. 

Ref.:: mahaonline.gov.in/Upload/circular

As such Land owner is only co-promoter, and his responsibility and declarations are independent of Promoter.

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Yes, you are correct. You have to file  Form-3 for both.

Thanks to you & CAClubIndia.........

1. Yes.

2. Yes. GST is liable to be paid when the possession or right in the property of the said flats are transferred to the land owner by entering into a 'conveyance deed' or similar instrument (e.g. allotment letter)..