GST on building value constructed & handed to land owner under JDA

In re M/s Nforce Infrastructure India Pvt. Ltd (GST AAR Karnataka) The applicant is liable to pay GST on the value of building constructed and handed over to the land owner in terms of the Joint Development Agreement (JDA). The value on which the applicant is liable to pay GST is to be determined in terms of para 2 of Notification No. 11/2017-Central Tax (Rate) dated 28.06.2017.. The Applicant is liable to pay service tax / GST proportionate to the services provided before / after 30.06.2017 respectively. FULL TEXT OF ORDER OF AUTHORITY OF ADVANCE RULING KARNATAKA ORDER UNDER SUB-SECTION (4) O...