Tax dept levies over Rs.520 cr GST, asks developers, authorities to pay
LUCKNOW, March 26 -- The Uttar Pradesh state tax department has directed development authorities to pay goods and services tax (GST) payable on the transfer of additional construction rights such as Transferable Development Rights (TDR), Floor Space Index (FSI) and Floor Area Ratio (FAR) to developers, clarifying that these transactions fall under the tax ambit....
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