The AAR order of Vaishnaoi Infratech and Developers (P.) Ltd., here are the key clarifications and rulings regarding GST implications on their activities:
Sale of Developed Plots:
Taxability: The sale of developed plots by Vaishnaoi Infratech and Developers (P.) Ltd. is not taxable under GST. This is because as per Circular No. 177/09/2022 issued by the Government of India, sale of developed land is considered as sale of land and is covered by Schedule III of the CGST Act. Consequently, it does...
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