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Gst on development right

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Whether GST applicable on Development right transfer by Landlord to Contractor 

 

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
Its other way round.

GST applicable over development of plot by builder over the flats issued to landowner.

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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