GST on composite works contract supply for construction service to prospective lessee

In re M/s Nagpur Integrated Township Private Limited (GST AAR Maharashtra)

We find that the applicant has in their application mentioned that ‘Applicant is developing the property by construction of Commercial & residential units and integrated facilities and is having exclusive rights to design, finance and develop the property and lease/assign/transfer same to prospective customers on lease basis on payment of amount referred to as ‘lease Consideration’. Thus, they are going to constru

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