TIF Integrated Industrial Parks Pvt Ltd ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Telangana
- Date:
- September 30, 2021
- Type:
- Advance Ruling
- Members:
- B. Raghu Kiran, S.V. Kasi Visweswar Rao
Subject
GST is leviable on sale of land after developing by way of erecting a civil structure or a building or a complex
Summary
1. If the applicant sells the land after developing by way of erecting a civil structure or a building or a complex then such supply is liable to tax under CGST/SGST Acts. However if land is sold without any development involving any civil structure…
Judgement
1. M/s. TIF Integrated Industrial Parks PVT Ltd, IDA Cherlapally, Hyderabad (‘applicant’ for short) – 500051, (GSTIN No. 36AAGCT2558M1ZU) have filed an application in fOrm GST ARA-01 under Section 97(1) of TGST Act, 2017 read with Rule 104 of CGST/TGST Rules, seeking Advance Ruling seeking clarification. 2. At the outset, it is made clear that the provisions of both the CGST Act…