https://www.taxtmi.com/article/detailed?id=7144 GST centralizes indirect taxation under the Supply concept, classifies construction as services (works contracts) while excluding land and completed construction value from GST; place of supply is the immovable property's location, stamp duty remains outside GST, and input tax credit availability, valuation rules for land and JDAs, time of supply, transitional credits, multiple registrations, stock transfers and anti profiteering obligations are principal operational issues requiring contract, IT and compliance adjustments. en-us Thu, 22 Dec 2016 06:25:44 +0530 Thu, 22 Dec 2016 06:25:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7144 GST centralizes indirect taxation under the Supply concept, classifies construction as services (works contracts) while excluding land and completed construction value from GST; place of supply is the immovable property's location, stamp duty remains outside GST, and input tax credit availability, valuation rules for land and JDAs, time of supply, transitional credits, multiple registrations, stock transfers and anti profiteering obligations are principal operational issues requiring contract, IT and compliance adjustments. Articles Goods and Services Tax - GST Thu, 22 Dec 2016 06:25:44 +0530 https://www.taxtmi.com/article/detailed?id=7144