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- What will be the time of supply of flats allotted to land owner by the builder when period involves both pre-GST period as well as post GST regime ?
What will be the time of supply of flats allotted to land owner by the builder when period involves both pre-GST period as well as post GST regime ?
TRT-2026-537
Issue Favourable to Tax Payer ?:- yes
Held - As per Notification No.4/2018 Dt:25.01.2018 the date of transfer of possession of the building or the right in it to the person supplying development rights will be the time of supply and the liability to pay tax on the said services shall arise on that day. The time of supply shall not be at any other time.
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