https://www.taxtmi.com/article/detailed?id=12694 Development agreements create separate supplies: developer services and landowner development rights; each supply attracts independent GST analysis. Sales or leases by the landowner, particularly sales before the Completion date and commercial leases, are taxable and may require GST registration if aggregate turnover exceeds the statutory threshold. Where taxable activity exists, registration enables claiming input tax credit on GST charged by the developer; alternatively an agent-sale arrangement with the developer taking separate registration can be used to discharge and account for GST on the landowner's units. en-us Thu, 13 Jun 2024 08:12:17 +0530 Fri, 14 Jun 2024 12:10:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12694 Development agreements create separate supplies: developer services and landowner development rights; each supply attracts independent GST analysis. Sales or leases by the landowner, particularly sales before the Completion date and commercial leases, are taxable and may require GST registration if aggregate turnover exceeds the statutory threshold. Where taxable activity exists, registration enables claiming input tax credit on GST charged by the developer; alternatively an agent-sale arrangement with the developer taking separate registration can be used to discharge and account for GST on the landowner's units. Articles Goods and Services Tax - GST Thu, 13 Jun 2024 08:12:17 +0530 https://www.taxtmi.com/article/detailed?id=12694