GST Ruling on Taxability of Residential Units in Saviour Park Phase IV

In re Savfab Buildtech Private Limited (GST AAR Uttar Pradesh)

In the case of Savfab Buildtech Private Limited, the Authority for Advance Ruling (AAR) of Uttar Pradesh examined the tax implications related to the sale of residential units in the Saviour Park project’s Phase IV. The applicant sought clarification on whether the sale of residential units after ‘deemed completion’ or ‘first occupation’ in Phase IV would be taxable or exempt from GST, and if taxable, from which date onwards.

The AAR began by clarifying that unless specifically menti

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