GST leviable on sale of TDR/FSI received for surrendering joint rights in land

GST is payable at the rate of 18% (9% + 9%) on transfer of development rights or FSI (including additional FSI), under SI. No. 16, item (iii) of Notification No. 11/2017 - Central Tax (Rate) dated 28-06-2017 (Heading 9972).

from TaxGuru https://ift.tt/2uORIVc
via gqrds

Comments

Popular posts from this blog

Caution Compliance Companies continues to con Florida corporations

GST ON TOUR OPERATORS AND AIR TRAVEL AGENTS

Consequences of incorrect invoice details uploaded while filing GSTR 1