Nforce Infrastructure India Pvt. Ltd ., In re
Date: November 28, 2018
Court: Authority for Advance Ruling
Bench: Karnataka
Type: Advance Ruling
Subject Matter
GST on building value constructed & handed to land owner under JDA
Summary
The applicant is liable to pay GST on the value of building constructed and handed over to the land owner in terms of the Joint Development Agreement (JDA). The value on which the applicant is liable to pay GST is to be determined in terms of para 2…
M/s Nforce Infrastructure India Pvt. Ltd., #25-14-840/1, Victoria, Near Valencia Church, Kankanady, Dakshina Kannada, Mangalore – 575 002, Karnataka (herein after referred to as Applicant) having GSTIN number 29AADCN3089J1Z0, have filed an application, on 17.03.2018, for advance ruling under Section 97 of CGST Act, 2017, KGST Act, 2017 & IGST Act, 2017 read with rule 104 of CGST Rules 20…