Tag: #AAR

GST

‘Other charges’ obtained by the builder will be subject to 18% GST: AAR

September 8, 2021

A recent judgment issued by the GST-Authority for Advance Rulings (AAR) to Puranik Builders is expected to have a negative impact on both the builders and the consumers, since it may raise expenses. The AAR has ruled that “other charges” received by a builder under a sale agreement are not a composite supply and would […]

‘Other charges’ obtained by the builder will be subject to 18% GST: AARmore
GST

12% GST to be charged only on Preferential Location – AAR

May 9, 2019

By Abhay Harish Shah , Realty Quarter The “Authority for Advance Rulings” also known as AAR has developed as an imposing adjudicatory body on tax matters. The Responsibility of the AAR is to give the facility of ascertaining the income-tax liability of a non-resident as well as that of certain defined categories of residents. If […]

12% GST to be charged only on Preferential Location – AARmore