Is gst applicable on sale of tdr ( fungible fsi)?

S S Dahale ( Agri and business) (439 Points)

23 April 2018  

 Is GST is applicable  on sale of TDR-DRC ( fungible FSI) received from Munc.authority? if yes  what is HSN code? at what % it has to be collected by TDR owner from its BUYER-BUILDER/DEVELOPER,  as  said Builder is going to sale those FLATS (as extra FSI-loaded TDR )in the market , and will be levying GST on it ( collecting it from prospective flat buyers), There will be NO reciprocation of GST , if GST is not collected by TDR owner from that BUILDER.