Home Forum Goods and Services Tax - GST Month 7 2023 2023 (7) This
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Liability on TDR/FSI under GST - Goods and Services Tax - GSTExtract What should be the liability of TDR purchase in Cash under GST and when should be it is payable?? As per my knowledge we have to calculate TDR liability at the time of receiving Completion certificate and it should be payable on remaining unsold flats. But i am confused because i had purchase TDR by paying consideration in Cash and i have to pay liaibility on RCM basis at the time of completion certificate. If i agree to share area or revenue then my liability will be determine at the time of completion certificate in area sharing and in revenue sharing at the time of revenue earned.But if i purchase TDR in cash then what should be my liability and when should i have to pay??? Please guide me regarding my issue Thankyou
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