GST on Transfer of development rights by landowner to developer

In re Maddi Seetha Devi (GST AAR Telangana) Q1. Whether transfer of land or transfer of development rights’ to the developer by the landowner is to be considered as receipt of consideration by the developer as per Notification No.04/2018-CT (Rate) dt.25.01.2018 and as per the clarifications issued after introduction of GST and prior thereto towards the construction of flats in the residential complex to be taken up by the developer for the landowner? A1. Yes. Transfer of development rights by the landowner to the developer is consideration received by such developer for supply of constru...