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RCM on TRD/ Development Rights and Additional FSI

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....CM on TRD/ Development Rights and Additional FSI<br> Query (Issue) Started By: - Vineet Agrawal Dated:- 25-1-2024 Last Reply Date:- 8-2-2024 Goods and Services Tax - GST<br>Got 1 Reply<br>GST<br>In ma....

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....ny cases, Building plans are sanctioned in the name of the Landowner. Further, the Application for additional FSI as per local laws is also applied and obtained in the Landowner&#39;s name. Question:....

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.... Does the Landowner promoter become liable for GST under RCM as per Notification No. 5/2019-Central Tax (Rate), since he is also a promoter as per RERA and the additional FSI is granted to him by the ....

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....authorities? The development agreement is entered at a later stage. Reply By Shilpi Jain: The Reply: FSI is given by whom? Is it Govt? Also, under entry 6B of the IGST RCM rate notification, RCM i....

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....s applicable only if the person taking FSI is by a promoter and such FSI is taken for construction. In present case LO will transfer the FSI to a builder? then no RCM But as govt services may be lia....

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....ble under RCM.<br> Discussion Forum - Knowledge Sharing ....