Whether GST applicable on Development right transfer by Landlord to Contractor
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Gst on development right
Replies (6)
Its other way round.
GST applicable over development of plot by builder over the flats issued to landowner.
| Originally posted by : Dhirajlal Rambhia | ||
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Its other way round. GST applicable over development of plot by builder over the flats issued to landowner. |
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It means the Landlord is liable to pay GST equivalent to the amount of flats received by landlord
Not on Stamp Duty value of Land
Correct ...
Dear Sir
I have one confusion in this case related to the Time of Supply of Development right (DR)
That TOS is arising on DR has given or Flats received
when the conveyance deed is made
| Originally posted by : Pankaj Rawat | ||
|
when the conveyance deed is made | |
Conveyance Deed is made when Development right was given to builders at the time right given
How to calculate Flats Value which is received
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