Case LawTSAAR Order No.47/2022
Maddi Seetha Devi ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Telangana
- Date:
- July 13, 2022
- Type:
- Advance Ruling
- Members:
- B. Raghu Kiran, S.V. Kasi Visweswara Rao
Subject
GST on the transfer of development rights (TDR) by landowner to developer
Transfer Of Development Rights
Summary
Questions Ruling 1. Whether transfer of land or transfer of development rights’ to the developer by the landowner is to be considered as receipt of consideration by the developer as per Notification No.04/2018-CT (Rate) dt.25.01.2018 …
Judgement
1. M/s. Maddi Seetha Devi, A-28, 2nd Floor, Journalist Colony, Plot No.70 Jublee hills, Hyderabad Telangana- 500 033 (36ADQPM2479L1ZS) has filed an application in FORM GST ARA-01 under Section 97(1) of TGST Act, 2017 read with Rule 104 of CGST/TGST Rules. 2. At the outset, it is made clear that the provisions of both the CGST Act and the TGST Act are the same except for certain provisions. Therefo…