Pankaj Enterprises ., In re
Date: March 14, 2022
Subject Matter
Taxable value of construction of immovable plots without occupancy certificate needs to be determined as per the transaction value
Summary
The taxable value under the GST Act of construction of immovable plots without occupancy certificate needs to be determined as per the transaction value and such value if found to be not acceptable, has to be determined as per the principles laid dow…
M/s Pankaj Enterprises, Door No 29, Sharada Colony, 3rd Stage, 4th Block, “13” Main Road, Basaveshwaranagar, Bengaluru-5600791, have filed an application for Advance Ruling under Section 97 of the CGST Act, 2017 read with Rule 104 of the CGST Rules, 2017 and Section 97 of the KGST Act, 2017 read with Rule 104 of the KGST Rules, 2017, in FORM GST ARA-01 discharging the fee of Rs.5,000/-…