https://www.taxtmi.com/forum/issue?id=121027 GST on residential apartments allotted to a landowner under a joint development agreement is discussed by reference to valuation based on similar apartments sold to independent buyers. Where the adopted value includes land or an undivided share of land, tax may be charged at 3.75% CGST and 3.75% SGST after a one-third land deduction. The land component is treated as outside GST under Schedule III, while the developer's tax responsibility for the respective shares depends on the agreement terms. en-us Tue, 14 Jul 2026 18:18:25 +0530 Sun, 19 Jul 2026 05:15:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=121027 GST on residential apartments allotted to a landowner under a joint development agreement is discussed by reference to valuation based on similar apartments sold to independent buyers. Where the adopted value includes land or an undivided share of land, tax may be charged at 3.75% CGST and 3.75% SGST after a one-third land deduction. The land component is treated as outside GST under Schedule III, while the developer's tax responsibility for the respective shares depends on the agreement terms. Discussion-Forum GST Tue, 14 Jul 2026 18:18:25 +0530 https://www.taxtmi.com/forum/issue?id=121027