GST applicability on JDA related land development from agricultural land to plotted residential land

Network (Self Employed) (16 Points)

21 August 2022  

Is GST applicable on JDA related to land development from agricultural land to plotted residential land ?  

Scope of the JDA is to convert agricultural land into residential and commercial plots ( after acquiring necessary permissions from municipal authorities, lay roads and plot the same.)_.Then the plotted land is divided between developer and landlords as per agreed shares in the JDA.

If GST is applicable then who is liable to pay  ? Is it the developer or landlord or both ?