A. Article
SC issues notice against HC judgment imposing GST on transfer of development rights to real estate developers by Joint Development Agreement
The Hon’ble Supreme Court heard and issued notice wherein the Hon’ble Telangana High Court in the case of Prahitha Construction held that, the transfer of the development rights to real estate developers by way of Joint Development Agreement with the land owners, would fall within the purview of taxable service under GST. Read more
ITC is not available for the construction of the immovable property for renting it out for commercial purposes
The Tamil Nadu AAR, in the matter of Suswani Foundations (P.) Ltd., held that as per Section 17(5)(d) the CGST Act, 2017 no Input Tax Credit ITC is available in respect of any goods or services received by the Assessee for construction of immovable property on its own account even if inputs and input services are used in course and furtherance of business. Read more
Constitution of GSTAT: A Chronological Analysis with Time Limit to file appeal before GSTAT
Finance Minister Smt. Nirmala Sitharaman administered the oath to Justice (Retd.) Sanjay Kumar Mishra, Former Chief Justice Jharkhand High Court, as the President of the GST Appellate Tribunal. The appointment of the Hon’ble President marks the beginning of a significant event in GST Dispute Resolution as any person who was aggrieved by the appellate order (OIA) or revisional order passed under Section 107 and Section 108 of the CGST, 2017, who had to seek relief before the Hon’ble High Court by way of filing writ petition due to non-constitution of the tribunal. Read more
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