Facts:
1. JDA registered in 2017 August
2. JDA provides details of respective shares of developer and landlord
3. Project completed in 2021. No conveyance deed or allotment letter issue by developer
5. Occupancy certificate received in Jan 2022 from municipal corporation.
6. Landlord shares mutated and received municipal property tax identification numbers in their names based on occupancy certificate and registered JDA.
Questions:
A.
What is time of supply/date of payment for GST to be paid by landlord is it 2017 or 2022 ?
i.e.
Will liability to pay GST for landlord be in the financial year when the JDA was registered i.e. 2017 when development rights were given to developer via regd JDA or will it be in the year when occupancy certificate was received i.e. 2022 ?
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