Vilas Chandanmal Gandhi ., In re
Date: January 15, 2020
Subject Matter
Transfer of development rights/Additional FSI are taxable at 18% under SAC 9972
Summary
Question A: Whether GST is leviable on sale of Transferable Development Rights (‘TDR’)/ Floor Space Index (‘FSI’) received as consideration for surrendering the joint rights in land in terms of Development Control Regula…
The present application has been filed under Section 97 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017 [hereinafter referred to as “the CGST Act and MGST Act” respectively ] by Vilas Chandanmal Gandhi, the applicant, seeking an advance ruling in respect of the following questions. a) Whether GST is leviable on sale of Transfer…