Bombay HC to examine GST levy on transfer of development rights under JDA

Bombay HC issues notice in a writ petition challenging GST levy on transfer of development rights under the Joint Development Agreements (JDA); Notes Petitioner's challenge to the Notifications issued under both the new and old (i.e. Post and Pre April 01, 2019) regimes seeking to levy GST on transfer of development rights; Petitioner argues that the notifications seek to tax a transaction which essentially results in sale of land by the landowner and are ...