Rajesh Real Estate Vs Union of India
Date: February 4, 2024
Court: High Court
Bench: Bombay
Type: Writ Petition
Judge(s)/Member(s): G. S. KULKARNI & FIRDOSH P. POONIWALLA
Subject Matter
Amendment of the DRC forms to be allowed in case of bonafide mistakes
Summary
In this case law, Petitioner No.1, a real estate developer, challenges the demand for payment of GST and interest claimed by the GST Department due to a misunderstanding concerning the reversal of Input Tax Credit (ITC) for unsold units post-1st Apri…
FULL TEXT OF THE JUDGMENT/ORDER OF BOMBAY HIGH COURT 1. Rule made returnable forthwith. 2. Heard finally by consent of the parties. 3. Petitioner No.1 is a Real Estate Developer registered with GST Department Vide Notification No.3/2019 dated 29 th March 2019 a new scheme was introduced for the real estate sector. Under the new scheme, for affordable housing properties effective GST rate is 1% wit…