AAR: Rules on measure of levy in case of ‘Construction service’ involving land transfer

Tamil Nadu AAR holds that measure of levy of GST in case of ‘Construction’ service shall be 2/3rd of total value charged for ‘construction service’ and amount charged for ‘transfer of undivided share of land’; Notes that applicant is undertaking construction of a residential project with 43 units with other facilities and have purchased land for development of project and entered into 2 agreements with customers – one for sale of undivided share in the land...