Gst on re - development

This query is : Resolved

Kaustubh Ram Karandikar (Querist)
Follow

09 May 2019 XYZ Co-Op Housing Society Limited “has done Redevelopment Agreement with PQR (Developer). XYZ entered in – Redevelopment Agreement in July 2015, which was registered also. In Feb 2019 -Redevelopment was completed and Occupation Certificate was received. Now Developer is asking for GST for the NEW CARPET AREA @ CONSTRUCTION COST @ 8% GST. Is the developer right in asking for GST?

Rajesh Kumar

Rajesh Kumar (Expert)
Follow

10 May 2019 GST is leviable as, prima facie, the builder has provided construction service. However, detailed examination of agreement/transaction is required to formulate a final view.