GST on TDR?

Yes........

Rate not clarified........ but may be allowed as 12%, as applicable to builders.......

Otherwise it is 18%, as general catagory of service.

Yes, I am also of same view, but more analysis is required for its perfect fitment.

TDR - Transferable Development Right is akin to Land or the associated Capital Asset. The Hon'ble SC has ruled in many cases that TDR having a 'NIL" value is a CAPITAL ASSET and as such Capital Gians are not applicable on transfer of such TDRs. That being the case, and on similar line of argument - If the Original Owner of TDR transfers such TDR ( let's call this Primary Transfer) then it will not attract GST either. However, If the person who buys such TDR and then sells/transfer it to the next person ( i.e., Secondary Transfer) then it will attract GST.  

Comments Welcome.