Demystifying GST on Transfer of Development Rights (TDR)

Ensure fair GST calculation on TDR by using comparable sales when the value is unclear.

Have you ever been puzzled about calculating GST on TDR when the value isn’t known? You’re not alone. Let’s simplify it!

When the landowner transfers TDR to a promoter, and the value isn’t clear, it’s determined based on similar apartments sold around the same time. 📅
This ensures a fair and standardized calculation.

This approach provides clarity, especially in projects with varying timelines and market conditions.

This can be a game-changer for promoters and developers in ensuring smooth transactions and compliance. Have you faced any challenges with TDR calculations? Share your thoughts below!

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