In general terms, in order to claim input tax credits (ITCs) under the GST system, an enterprise must be carried on. This can be a tricky issue when property developments are concerned, as two ...

Karnataka HC rules no GST on unregistered landlord if developer already paid tax under JDA. Avoids double taxation and ...

The Patna High Court has ruled that GST is applicable on RCM basis on the transfer of development rights from a landowner to a builder before the completion certificate (CC) is issued under a ...

Developers are seeking relaxation on GST for joint development transactions on Transfer of Development Rights (TDR). They say, the number of projects either residential or commercial has reduced ...

Some of the ACT's largest property developers are accused of charging homebuyers GST when it was not required and pocketing millions of dollars in proceeds during an apartment boom.

Have all risks associated with property development been considered? The ATO is warning that it plans strong action against GST fraud involving the creation of fake businesses to claim false refunds.

A property developer provides service to a landowner and is liable to pay GST: AAR, Karnataka The land developer's role is limited to aiding and assisting the landowners in the sale of plots.

Radical changes to the way developer taxes are collected are beginning to bite despite not being introduced for another 12 months.

A new service tax ruling may offer real estate developers relief on the Goods & Services Tax (GST) liability on transfer of rights in a property for development purposes (TDR). Tax practitioners ...

The Goods and Services Tax (GST) is likely to have a positive impact for the real estate sector with property prices likely to soften by around 1 per cent to 3 per cent. Southern markets may ...