https://www.taxtmi.com/forum/issue?id=118259 Where a person buys land and constructs houses for sale without RERA registration, the activity is treated as a works contract service. The standard GST treatment for works contracts applies, including the one third deduction for valuation. GST on advances is payable according to agreed payment milestones or, if none, on the date of receipt or execution of the sale deed, whichever is earlier. Input tax credit on building materials is claimable subject to regular GST conditions. en-us Fri, 02 Dec 2022 13:51:37 +0530 Thu, 23 Jan 2025 15:54:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118259 Where a person buys land and constructs houses for sale without RERA registration, the activity is treated as a works contract service. The standard GST treatment for works contracts applies, including the one third deduction for valuation. GST on advances is payable according to agreed payment milestones or, if none, on the date of receipt or execution of the sale deed, whichever is earlier. Input tax credit on building materials is claimable subject to regular GST conditions. Discussion-Forum GST Fri, 02 Dec 2022 13:51:37 +0530 https://www.taxtmi.com/forum/issue?id=118259