https://www.taxtmi.com/article/detailed?id=10388 The Gujarat High Court held that GST on construction services must be levied on the actual price where that price is ascertainable, declaring the blanket deeming of a fixed land fraction in Notification No.11/2017 ultra vires. Deeming fictions apply only when actual value cannot be determined; agreements specifying land price permit deduction of that actual value. The Court read down the notification to make the deemed deduction optional and directed that valuation rules be used where declared land or construction values are doubtful. en-us Mon, 09 May 2022 17:16:50 +0530 Tue, 10 May 2022 10:45:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10388 The Gujarat High Court held that GST on construction services must be levied on the actual price where that price is ascertainable, declaring the blanket deeming of a fixed land fraction in Notification No.11/2017 ultra vires. Deeming fictions apply only when actual value cannot be determined; agreements specifying land price permit deduction of that actual value. The Court read down the notification to make the deemed deduction optional and directed that valuation rules be used where declared land or construction values are doubtful. Articles Goods and Services Tax - GST Mon, 09 May 2022 17:16:50 +0530 https://www.taxtmi.com/article/detailed?id=10388