Form 3 under Joint Development

No, because it do not fall under supply, as per GST act.

gst/notfctn-04-2018-cgst-rate-english.

Here......... It means the Developer is liable to pay the GST to the treasury, by collecting the same from landowner; as the responsibility to pay GST (to Government) is on supplier.

Rest of the things are clarified in the notification & in the article........

My Pleasure.........

Sir,

In case of Form 3 of Developers of a Joint Development Agreement where land owner will share in constructed property. what should be the cost of land ? 

Whether the unit sale price of the units which are to be given to land owners will be the cost of land ? Plz clarify.