https://www.taxtmi.com/highlights?id=53837 Nature of supply / transaction - Development of land - Lease of property or supply of works contract for construction of flat - The appellant pleaded that the activity would amount to transfer of immovable property and hence not liable to GST levy at all. - Decision of AAR upheld wherein it was held that, the activity would be in the nature of “works contract” as defined under Section 2 (119) of the Act and fall under SAC 9954 and attract GST @ 18%. en-us Thu, 25 Jun 2020 19:40:19 +0530 Thu, 25 Jun 2020 19:40:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53837 Nature of supply / transaction - Development of land - Lease of property or supply of works contract for construction of flat - The appellant pleaded that the activity would amount to transfer of immovable property and hence not liable to GST levy at all. - Decision of AAR upheld wherein it was held that, the activity would be in the nature of “works contract” as defined under Section 2 (119) of the Act and fall under SAC 9954 and attract GST @ 18%. Highlights GST Thu, 25 Jun 2020 19:40:19 +0530 https://www.taxtmi.com/highlights?id=53837