SC stays GST demand on real estate joint development pacts
In a pivotal ruling, the Supreme Court has granted a temporary reprieve against a Goods and Services Tax demand related to a joint development agreement for a real estate project. This judicial decision may reshape the landscape for developers and landowners across the country.
Mumbai: The Supreme Court has stayed a goods and services tax (GST) demand on a real estate project under joint development agreement (JDA) in a case that could have major implications for real estate developers and landowners across the country.
