Godrej Residency Private Limited ., In re
Date: March 26, 2025
Subject Matter
One-time option for real-estate project is tied to the project itself, not the identity of the entity promoting it
Summary
M/s Godrej Residency Private Ltd. sought an advance ruling regarding the applicable GST rate on residential premises to be sold post acquisition of project rights from Neelkamal Realtors Towers Private Limited. The initial promoter had commenced a re…
FULL TEXT OF THE ORDER OF AUTHORITY FOR ADVANCE RULING, MAHARASHTRA (Under Section 98 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017) 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 MGS…