• GST on transferable development rights

Dealer registered in Maharashtra, purchasing Transferable development rights in Jaipur. Will sell at a later date.

1. what will the seller levy to dealer, if a) seller is registered in Rajasthan?
 b) seller is registered in Maharashtra?
2. when he sells the TDR , a) to a party from maharashtra , will it be cgst/sgst of Mahrashtra or rajasthan?
 b) to a party from rajasthan only, will it be cgst/sgst of Mahrashtra or rajasthan?
Asked 5 years ago in GST

Hi

 

GST is consumption based tax ,so it will be taxed as per Rajasthan SGST act.

 

 

Hope it helps

Swati Agrawal
CA, Mumbai
1146 Answers
7 Consultations

5.0 on 5.0

Dear Sir,

 

Hope you are doing well !!

 

It will be cgst/sgst of Rajasthan.

 

Payal Chhajed
CA, Mumbai
5188 Answers
289 Consultations

5.0 on 5.0

Hi

 

In my opinion ,yes Rajasthan only.

 

 

Hope it helps

Swati Agrawal
CA, Mumbai
1146 Answers
7 Consultations

5.0 on 5.0

Yes, it will be CGST/SGST of Rajasthan only.

Payal Chhajed
CA, Mumbai
5188 Answers
289 Consultations

5.0 on 5.0

GST is a consumption based tax so it will be levied in Rajasthan.

Naman Maloo
CA, Jaipur
4272 Answers
97 Consultations

5.0 on 5.0

Dear Sir,

 

GST is consumption based tax.

 

So, it will be CGST/SGST of Rajasthan only.

 

Karishma Chhajer
CA, Jodhpur
2450 Answers
29 Consultations

5.0 on 5.0

Ask a Chartered Accountant

Get tax answers from top-rated CAs in 1 hour. It's quick, easy, and anonymous!
  Ask a CA