Stay Yourself Updated on GST
Advertisements
GST is leviable on sale of residential units without receiving completion certificate from development authority: AAR
THE AUTHORITY FOR ADVANCE RULING UNDER GST, UTTAR PRADESH IN THE CASE OF SAVFAB BUILDTECH PVT.LTD.
👉 The AUTHORITY FOR ADVANCE RULING Judgement:-
✔️ Since development authority denied completion certificate to applicant, therefore, ‘first occupation’ cannot be said to be taken by applicant; sale of residential units in Phase IV of project by applicant is not sale of immovable property, but, sale of services and GST is leviable.
Section 9 of Central Goods and Services Tax Act, 2017
Share this content: