Goods and Services Tax – Started By: – Mehak Malhotra – Dated:- 6-7-2017 Last Replied Date:- 24-8-2017 – GST excludes sale of land from its ambit ?But Transferable Development Rights are right to the use of land for the development. Is this covered under gst ?Secondly,If this is covered under GST will this be eligible for Credit ? – Reply By KASTURI SETHI – The Reply = Dear Querist, Yes TDRs are taxable under GST. These fall under declared supplies mentioned in Schedule-II of Section 7 CGST Act
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