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20 sie 2024 · This article analyses the impact of GST on the sale of land, sale of developed plots and the leasing of land, along with the availability of ITC.
10 sie 2022 · This article aims to discuss the GST implications on various types of activities involved in land development. The following types of transactions takes place, in general, in Development and Sale of Plots: A. Developer owns the land. a. Sale of plots to the customers; B. Developers enters a Joint Development Agreement with a Land Owner. a.
3 wrz 2022 · If the clarification is made applicable to development of plots intended for sale, then developer may not be required to pay GST even if plots were booked before completion and the said transaction would get covered within the meaning of 'sale of land' and excluded from the purview of GST.
9 lut 2024 · Let's understand GST rates applicable on sale of land vs plotted developments under the new tax regime and how land and plots are treated differently.
13 maj 2024 · Sale of developed plots by including development cost in sale value of plots is not taxable under GST. Refrain from Act or tolerating an Act. Check out Taxmann's GST on Works Contract & Real Estate Transactions which analyses the intricacies of taxability under the GST framework for works contracts and real estate transactions.
31 paź 2023 · This article provides a comprehensive analysis of GST in the real estate sector, exploring various tax options, joint development rights and agreements, as well as specific scenarios like the sale of plots and slum rehabilitation.
GST IMPLICATIONS ON DEVELOPMENT OF PLOTS. Contributed by CA Sri Harsha and CA Manindar. Introduction: Development agreements are popular not only with respect to the construction of residential or commercial complexes but also with respect to laying and development of plots.
