Eye Share : GST on development right transfer under JDA – An analysis of Advance Ruling

Recently, Karnataka AAR in the case of Sri. Patrick Bernardinz D’Sa [TS-726-AAR-2018-NT] pronounced a ruling holding land-owner liable to GST on premises developed under Joint Development Agreement (JDA) intended for distribution to family members. AAR held that “Applicant is a supplier of a taxable service by way of transfer of undivided share of land and hence is liable to register himself and discharge the tax”.Mr. Sandesh Mundra (Sandes...