Maarq Spaces Pvt. Ltd ., In re

Date: September 30, 2019

Court: Authority for Advance Ruling
Bench: Karnataka
Type: Advance Ruling
Judge(s)/Member(s): Harish Dharnia, Ravi Prasad MP
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Subject Matter

GST payable on the entire consideration received for the provision of activity of 'development and sale of land'

Valuation

Summary

Q1. Whether the activity of development and sale of land attract tax under GST? In the instant case what the applicant receives as their remuneration for the provision of the services of development of the land and their subsequent activities related…

1. M/s. Maarq Spaces Pvt. Ltd., (hereafter referred as Applicant) Unit No.409, Prestige Center Point, Cunningham Road, Bengaluru -560052, having GSTIN number 29AAGCC1998Q1ZO filed an application for Advance Ruling under Section 97 of the CGST Act,2017 and Section 97 of the KGST Act, 2017 in FORM GST ARA-01 discharging the fee of Rs.5,000/- each under the CGST Act 2017 and the KGST Act 2017. 2. The…

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