Vaishnaoi Infratech And Developers Private Limited ., In re
Date: September 29, 2023
Subject Matter
Transfer of development rights by the land owner in consideration of land development services received is taxable under RCM
Summary
The Applicant is engaged in the business of developing and selling plots. The ruling clarifies that the sale of developed plots is not taxable under the GST Acts as it falls under item (5) of Schedule III to the CGST Act. However, the development of…
FULL TEXT OF THE ORDER OF AUTHORITY FOR ADVANCE RULING,TELENGANA [ORDER UNDER SECTION 98(4) OF THE CENTRAL GOODS AND SERVICES TAX ACT, 2017 AND UNDER SECTION 98(4) OF THE TEALANGANA GOODS AND SERVICES TAX ACT, 2017.] 1. M/s. Vaishnaoi Infratech And Developers Private Limited, 1st Floor, Plot.No.11 and 12, Amarsociety Kavuri Hills, Serilingampallymandal, Hyderabad, Telangana-500 023 (36AACCV3862G1Z…