https://www.taxtmi.com/forum/issue?id=117885 For TDR arising from a development agreement predating 01.04.2019 where the builder retained old rates, transition uncertainty exists and some AARs widen GST liability. The advisory view is that the transaction should not attract the Reverse Charge Mechanism; instead the builder/developer is liable under Forward Charge Mechanism for GST on the supply, while TDR should not be treated under RCM and any landowner liability is contingent. en-us Sun, 03 Apr 2022 09:27:23 +0530 Thu, 23 Jan 2025 15:54:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117885 For TDR arising from a development agreement predating 01.04.2019 where the builder retained old rates, transition uncertainty exists and some AARs widen GST liability. The advisory view is that the transaction should not attract the Reverse Charge Mechanism; instead the builder/developer is liable under Forward Charge Mechanism for GST on the supply, while TDR should not be treated under RCM and any landowner liability is contingent. Discussion-Forum GST Sun, 03 Apr 2022 09:27:23 +0530 https://www.taxtmi.com/forum/issue?id=117885