The Maharashtra Appellate Authority of Advance Ruling (AAAR) affirmed the AAR’s ruling and held that 18% GST is leviable on sale of Transferable Development Rights (TDR) or Floor Space Index (FSI) received as consideration for surrendering the joint rights. The Applicant, Mr. Vilas Chandanmal Gandhi, was an owner of the land situated within the limits […]
from Taxscan | Simplifying Tax Laws https://ift.tt/3455DUN
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