The real estate sector has witnessed significant regulatory shifts under GST, particularly post-2019, yet several complexities remain unresolved. Issues such as taxability of development rights continue to pose challenges, with no definite clarity despite ongoing discussions. The 55th GST Council Meeting was expected to address some of these concerns, and further changes in the legal framework are anticipated.
With evolving policies, ongoing investigations and potential recommendations on the horizon, it is crucial for industry stakeholders to stay informed and prepared. This webinar will provide insights into the impact of GST on the real estate sector and share strategic approaches to ensure compliance while mitigating risks.
The webinar will inter alia cover the following discussions for the Real Estate Sector:
- GST implications on plotting of land undertaken through JDA/JVs or partnership model
- GST implications on transfer of development rights by a person other than landowner
- Implications of Gujarat High Court judgement on assignment of leasehold and development rights
- Amendment to the definition of the “Local Authority” and impact on transactions with authorities such as NOIDA, GNIDA, DDA etc.
- Key features of ISD compliance and impact on cross-charge practice
- Recent trends and strategies for compliance
Speakers
Shivam Mehta, Executive Partner
Shubham Vijay, Associate Partner