📘 GST on Real Estate & Works Contracts | 10th Edition (2025)
✍️ Authored by V.S. Datey | Published by Taxmann
📅 Amended up to 1st February 2025
The Ultimate Sectoral Commentary on GST in Construction & Real Estate
This definitive guide demystifies GST application across real estate transactions, joint development agreements, leasing, works contracts, and more. With step-by-step analysis, practical illustrations, and case-based guidance, it is tailor-made for professionals, developers, legal teams, and tax officials navigating complex GST obligations.
🧾 Who Will Benefit from This Book?
✅ CAs, CSs, and Cost Accountants – For sector-specific compliance and advisory
✅ Lawyers & Legal Teams – For interpreting complex GST law in property matters
✅ Builders, Contractors & Developers – For clarity on TDR, FSI, leasing, and JDA
✅ Tax Officers & Government Authorities – As an interpretive and referencer tool
✅ Students & Academicians – For deep learning on GST in the real estate domain
🔍 Key Features:
📌 [Complete GST Framework] – Core concepts like supply, classification, valuation, ITC, place/time of supply, reverse charge
🏗️ [Works Contracts & Construction] – GST rates, exemptions, compliance for real estate developers and EPC contractors
🏢 [Joint Development, TDR, FSI & Leasing] – Detailed GST treatment with timelines, legal interpretations & reverse charge
🧾 [Compliance-Focused Approach] – Coverage of registration, invoicing, GSTR-1/3B, TDS under GST, e-way bills, etc.
📈 [Rich with Examples] – Practical illustrations, flowcharts, tables & use cases
📜 [Judicial & Circular References] – Covers departmental FAQs, court rulings & real-world clarifications
📚 [Appendices for Quick Reference] – Statutory extracts, key notifications (e.g., 11/2017), ITC reversal methods, FAQs
🧱 Content Structure Overview:
🧩 PART I – GST BASICS
Background & Constitutional Provisions
Taxable Event: 'Supply' Defined
Classification & Valuation Principles
Input Tax Credit (ITC): Eligibility, Restrictions, Reversals
Procedural Compliance: Registration, Invoices, Returns
Reverse Charge, TDS, Anti-Profiteering & Advanced Rulings
🏗️ PART II – WORKS CONTRACTS & REAL ESTATE
Real Estate Transactions – Land sales, construction status, maintenance services
Works Contracts – GST treatment, exemptions, rate structures
Joint Development Agreements (JDAs) – GST on TDR, FSI, lease premiums
Leasing & Renting – GST on commercial/residential rent, religious exemptions
Govt Projects – Construction services to/from Govt, exemptions, TDS compliance
📎 APPENDICES & TOOLS
Extracts from CGST/IGST Acts & Rules
Important Notifications (11/2017, 12/2017, and amendments)
Illustrations for ITC reversals & ongoing project declarations
FAQs & Clarifications issued by CBIC
✅ Why This Book?
📘 Bridges fundamentals with advanced GST practice in real estate
📘 Ideal for advisory, audit, legal opinion, and exam preparation
📘 Written by renowned GST expert V.S. Datey
📘 Structured for quick reference & day-to-day use
🔍 Master the intersection of GST law and real estate with unmatched clarity.
🏗️ Whether you’re building a project or resolving a notice—this book is your toolkit.
