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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 · In view of recent clarification by the Central Board of Indirect Taxes through its Circular vide No. 177/09/2022 TRU dated 3rd August 2022, there is once again buzz in the real estate sector about the GST implications on development and sale of plots.
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.
9 lut 2024 · To summarize, while land attracts no GST, plotted developments are subject to 18% GST due to value addition through development. This difference has implications for both buyers and investors. Understanding GST applicability can help in better decision-making when it comes to investing in land or plotted developments.
28 gru 2023 · GST Impact on Land. Explore the intricate details of GST implications on the sale of land and developed plots.
13 maj 2024 · An overview of GST on real estate transactions, highlighting that sales of developed plots with included development costs are not taxable, and actions or tolerances are not covered under GST.
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.