GST: Where the actual land portion of value is determinable, the 1/3 deduction is not enforceable.
Under GST law in India, GST is applicable on purchase of under-construction real estate.
It may be noted that the GST is leviable on the ...
Read More
Posts tagged "GST & 1/3 Land deduction"
The provision granting mandatory one third deduction towards the value of land for computing value liable for GST is not sustainable in cases where the value of land is clearly ascertainable
The provision granting mandatory one third deduction towards the value of land for computing value liable for GST is not sustainable in cases where the value of land is clearly ascertainable
Under GST law in India, GST is applicable on ...
Read More
The Provision Granting Mandatory one third Deduction towards the value of land for computing value liable for GST is unconstitutional
The Provision Granting Mandatory one third Deduction towards the value of land for computing value liable for GST is unconstitutional
Under GST law in India, GST is applicable on purchase of under-construction real estate.
It may be noted that the GST ...
Read More
Mandatory 1/3rd Deduction of land in GST is ultra vires – Such standard deduction can only be optional and not mandatory
Mandatory 1/3rd Deduction of land in GST is ultra vires - Such standard deduction can only be optional and not mandatory
Under GST law in India, GST is applicable on purchase of under-construction real estate.
It may be noted that the ...
Read More
1/3rd deduction towards Land in GST & Gujarat High Court Landmark Judgement
1/3rd deduction towards Land in GST & Gujarat High Court Landmark Judgement
Under GST law in India, GST is applicable on purchase of under-construction real estate. It may be noted that the GST is leviable on the entire contract value minus the ...
Read More
Gujarat High Court gave GST relief to homebuyers, plot purchasers & real estate investors
Gujarat High Court gave GST relief to homebuyers, plot purchasers & real estate investors
Under GST law in India, GST is applicable on purchase of under-construction real estate. It may be noted that the GST is leviable on the entire contract ...
Read More