https://www.taxtmi.com/forum/issue?id=118639 For residential projects, a promoter who acquires TDR must pay GST under the reverse charge mechanism on the proportionate value attributable to residential apartments that remain unbooked on the date of issuance of the completion certificate or first occupation, whichever is earlier, calculated by the ratio of unbooked residential carpet area to total residential carpet area and subject to prescribed caps; for commercial TDR the liability generally arises at the time of payment of consideration. en-us Wed, 12 Jul 2023 12:17:09 +0530 Thu, 23 Jan 2025 15:54:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118639 For residential projects, a promoter who acquires TDR must pay GST under the reverse charge mechanism on the proportionate value attributable to residential apartments that remain unbooked on the date of issuance of the completion certificate or first occupation, whichever is earlier, calculated by the ratio of unbooked residential carpet area to total residential carpet area and subject to prescribed caps; for commercial TDR the liability generally arises at the time of payment of consideration. Discussion-Forum GST Wed, 12 Jul 2023 12:17:09 +0530 https://www.taxtmi.com/forum/issue?id=118639