AAR: Sale of Residential flats not an exempt supply where completion certificate received only for 'commercial shops'

Gujarat AAR holds that sale of residential flats is not an ‘exempt supply’ where applicant received only partial Building Use Permission (BUP) in respect of commercial units/shops but not for residential units; Notes that the Applicant, engaged in construction business, has an on-going residential project for which it received Completion Certificate (BUP) for part building whereas no certificate was received for the residential flat completion; Holds that, ...