https://www.taxtmi.com/article/detailed?id=7783 Where exclusive, permanent and irrevocable development rights are transferred to a developer, those rights create an interest in land and amount to a sale or transfer of immovable property rather than a license; licences, leases, tenancies and easements of vacant land are treated as taxable services. When the developer gives flats to the landowner as consideration, the developer is providing construction services and is liable for GST on the value of those services, including on the owner's share received in kind. en-us Tue, 19 Dec 2017 08:33:00 +0530 Tue, 19 Dec 2017 11:07:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7783 Where exclusive, permanent and irrevocable development rights are transferred to a developer, those rights create an interest in land and amount to a sale or transfer of immovable property rather than a license; licences, leases, tenancies and easements of vacant land are treated as taxable services. When the developer gives flats to the landowner as consideration, the developer is providing construction services and is liable for GST on the value of those services, including on the owner's share received in kind. Articles Goods and Services Tax - GST Tue, 19 Dec 2017 08:33:00 +0530 https://www.taxtmi.com/article/detailed?id=7783