Outsourcing Not a Defence: Villa Construction Taxable as Service Under GST

In re Varaha Land Private Limited (GST AAR Karnataka) The applicant, engaged in the development of a residential villa project under a Joint Development Agreement (JDA), sought an advance ruling on whether its agreements with customers for construction of villas constitute a supply of goods or services, the applicable classification and tax rate, and the correct valuation method where separate agreements for land and construction exist. The applicant entered into two agreements with buyers: one for sale of an undivided share of land and another for construction of a villa. The entire construct...