Question ID : 38181

GST ON REAL ESTATE

-X- A LANDLORD ENTERED INTO CONVERSION AGREEMENT WITH –Y- DEVELOPER, - X SHARE IS 55%, WHILE DEVELOPER IS 45% ON TOTAL BUILT UP AREA. THE AGREEMENT CONTAINS A CLAUSE ON GST , THAT GST WILL BE CHARGEABLE TO X AS PER RULES APPLICABLE. NOW MY QUERY IS ON WHAT BASIS THE GST IS CHARGEABLE TO X AND AT WHICH TIME.

posted by pradeep kumar agrawal on Jun 4 2019 12:00AM