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Applicability of Transfer of Unconstructed Building

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....pplicability of Transfer of Unconstructed Building<br> Query (Issue) Started By: - Punit Agarwal Dated:- 9-7-2021 Last Reply Date:- 12-7-2021 Goods and Services Tax - GST<br>Got 2 Replies<br>GST<br>An....

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.... assessee has carried out a Joint Development agreement for construction of a building. The assessee has partially constructed the Building and is out of Money and so decides to sale the project to an....

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....other another Builder. A triparti agreement is made between Landower, the assessee and the other Builder. 1. What will be the GST implication on transfer of under-constructed building by the Assess....

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....ee to the other Builder. 2. Can we claim exemption as (Transfer of business as going Concern). Reply By Shilpi Jain: The Reply: This would require further facts and analysis to conclude. Reply By ....

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....Shilpi Jain: The Reply: For exemption as going concern transfer it is necessary that all the assets and liabilities that are required for continuing the business are transferred for a lumpsum conside....

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....ration,.<br> Discussion Forum - Knowledge Sharing ....