Hello sir, I need clarity on 37:00 - Implications on landowners under Joint Development Agreements, so the developer has to collect GST from the land owner towards land owner portion? in your example being land owner you have to pay GST to the developer on your 30% portion?
Collection of GST by developer from LO shall depend upon the contractual terms. Developer has to pay to government. Whether the same shall be borne by developer only or can be collected from LO must form part of JDA