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Q.

Is GST applicable on a free area given by developer to the existing member?

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0 2023-03-08T08:49:44+00:00

Hi,

The service is taxable when a developer grants assigned units free of charge to society members and makes a portion of the building available to other members for payment. As a result, ITC for the portion of the building that was sold for review is available and could be used for the GST for such sale.

I hope this helps:)

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