Real estate developers and landowners in GST tangle over joint development agreements

The GST Council-nominated Group of Ministers on real estate has yet to offer clarity on the treatment and calculation of GST on Joint Development Agreements (JDAs), but a group of landowners has approached the Bombay High Court, questioning the levy of GST on development rights granted under such agreements. These landowners have moved the court after facing a GST demand of around ₹50 crore—includ…