GST on Sale of Land after development by Developer for Landowner

In re Vidit Builders (GST AAR Madhya Pradesh)

In the instant case what the applicant receives as their remuneration for the provision of the services or development of the land and their subsequent activities related to the sale of the plot is an amount equal to 40% of the open market value of each plot. The arrangement that the applicant shall get the amount only as and when the plots are sold. As already discussed earlier this arrangement, where the applicant gets paid for their service only upon the sale of the plots, enables

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