Certain Clarifications sought on Construction Services provided in the Real Estate Sector – reg.

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..... V/16/122017-CCO(TVM) Ph: 0484-2394100/0404 Fax : 0484-2397614 E-mail : [email protected] Dated 19.09.2017 Sub : Certain Clarifications sought on Construction Services provided in the Real Estate Sector - reg. Please refer to your letter dated 29.08.2017 wherein certain clarifications were sought on the Construction Services provided in the Real Estate Sector under the GST taxation regime. The .....

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..... deduction, on account of Transfer of Land or Undivided Share of land, if the transaction value includes the value of the land transferred as per and as delineated in para 2 of the said Notification. This one third deemed deduction on account of transfer of Land or Undivided Share of land is irrespective of the actual value of the land transferred. However, the said deemed deduction is not availab .....

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