Developer of land is not a seller, liable to pay GST, rules AAR

Authority rules in case of Bengaluru firm Maarq Spaces  Selling land does not attract the Goods and Services Tax, but if some one develops and sells a parcel, then it comes under the GST ambit, according to the Authority of Advance Ruling (AAR) in Karnataka. Bengaluru-based Maarq Spaces Private Ltd had entered into a Joint Development Agreement (JDA) with landowners for the development of a p…