GST on sale of joint property.

Three individuals jointly own property and plan to form a partnership firm to construct and sell flats. The discussion explores whether the partnership firm or the individuals are liable for GST on the sale. It delves into the concept of Joint Development Agreements (JDAs) and how the law views individuals and partnership firms as distinct entities. If property is sold before occupancy, individuals may owe GST but can claim credit for tax paid to the firm. The query also touches upon whether JDA provisions apply if the property is contributed as capital to the firm.