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

GST Applicability on Joint Development Agreement (JDA)
If the landowner gives his land to the developer and after a while in return gets a constructed property, then in such a case the landowner will be liable to pay GST on landowners share. And GST on flats given to landowner, the GST rate on such transfer is 18%.

In the above case there is no construction. The developer will get necessary permissions from municipal authorities and convert the agricultural land tnto residential and commercial plots with property roads etc.   Is the GST applicable ?

Under GST, a single rate of 12% is applicable on under-construction properties, whereas no GST is applicable on completed properties

JDA and post JDA transactions will primarily involve:-

1. Transfer of rights by owner to builder for development of land
2. Supply of services by builder to owner in terms of development or construction services.
3. Sale of land ultimately developed by owner/ builder

 

There are specific circulars dealing with Joint Development Agreement for construction under JDA.  Check up if they also apply to JDA for development and plotting of land. I believe they should.