Registered persons who supply development rights to a developer, builder, construction company or any other registered person against consideration, wholly or partly, in the form of construction service of complex, building or civil structure - 04/2018 - State Tax (Rate) - Delhi SGST
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Tax liability on development rights transfers to registered suppliers when possession is transferred by conveyance. The notification specifies two reciprocal classes of registered persons and provides that state tax liability on supplies where consideration is wholly or partly in the form of construction service or development rights shall arise when the developer, builder or other registered person transfers possession or the right in the constructed complex, building or civil structure to the person supplying the development rights by entering into a conveyance deed or similar instrument.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Tax liability on development rights transfers to registered suppliers when possession is transferred by conveyance.
The notification specifies two reciprocal classes of registered persons and provides that state tax liability on supplies where consideration is wholly or partly in the form of construction service or development rights shall arise when the developer, builder or other registered person transfers possession or the right in the constructed complex, building or civil structure to the person supplying the development rights by entering into a conveyance deed or similar instrument.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.