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Joint Development Agreement

330 views 1 replies

Ujwala Tarate

39 Points Joined November 2017

In JDA , landowner has to pay GST on development rights. For this he has to get registered under GST. My query is what to do when there are more than one landowners . All has to get registered under GST and pay the tax. please guide thank you.

Replies (1)

Pankaj Rawat

GST Practitioner

55067 Points Joined June 2017

But why Landowners has to pay GST !!! ... it's builder/Developer who is liable to Pay GST

No GST liability on the land owner since he is essentially selling an immovable property, share in land. Hence, no GST (As per schedule III) Also, this transaction in not in furtherance of business either