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Joint Development Agreement
In JDA , landowner has to pay GST on development rights. For this he has to get registered under GST. My query is what to do when there are more than one landowners . All has to get registered under GST and pay the tax. please guide thank you.
Replies (1)
But why Landowners has to pay GST !!! ... it's builder/Developer who is liable to Pay GST
No GST liability on the land owner since he is essentially selling an immovable property, share in land. Hence, no GST (As per schedule III) Also, this transaction in not in furtherance of business either
No GST liability on the land owner since he is essentially selling an immovable property, share in land. Hence, no GST (As per schedule III) Also, this transaction in not in furtherance of business either
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