Applicability of GST on Land owners share of constructed residential flats, JDA entered before the commencement of construction

Last updated: 26 August 2020

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This case concerns M/s S.K. Properties, who sought an advance ruling on the applicability of GST to flats allocated to landowners under a Joint Development Agreement (JDA) signed before construction commenced. They also enquired about the applicable GST rates and valuation. However, the applicant later decided to withdraw their application for the advance ruling.

Court :
Karnataka AAR

Brief :
1. The applicant sought Applicability of GST on Land owners share of constructed residential flats, since Joint development agreement entered between Land owner and Builder entered before the commencement of construction of the building and Constructed residential flats handed over before completion. 2. If GST Applicable on point 1, what will be the rate of GST and the value on which GST is applicable. 3. Applicability of GST on Land owners share of constructed residential flats, since Joint development agreement entered between Land owner and Builder entered before the commencement of construction of the building and constructed residential flats handed over after completion.

Citation :
Advance Ruling No. KAR ADRG 41/2020

Daily Limit Reached