π GST on Real Estate & Works Contracts | 10th Edition (2025)
βοΈ Authored by V.S. Datey | Published by Taxmann
π
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.
π§Ύ Who Will Benefit from This Book?
β
CAs, CSs, and Cost Accountants β For sector-specific compliance and advisory
β
Lawyers & Legal Teams β For interpreting complex GST law in property matters
β
Builders, Contractors & Developers β For clarity on TDR, FSI, leasing, and JDA
β
Tax Officers & Government Authorities β As an interpretive and referencer tool
β
Students & Academicians β For deep learning on GST in the real estate domain
π Key Features:
π [Complete GST Framework] β Core concepts like supply, classification, valuation, ITC, place/time of supply, reverse charge
ποΈ [Works Contracts & Construction] β GST rates, exemptions, compliance for real estate developers and EPC contractors
π’ [Joint Development, TDR, FSI & Leasing] β Detailed GST treatment with timelines, legal interpretations & reverse charge
π§Ύ [Compliance-Focused Approach] β Coverage of registration, invoicing, GSTR-1/3B, TDS under GST, e-way bills, etc.
π [Rich with Examples] β Practical illustrations, flowcharts, tables & use cases
π [Judicial & Circular References] β Covers departmental FAQs, court rulings & real-world clarifications
π [Appendices for Quick Reference] β Statutory extracts, key notifications (e.g., 11/2017), ITC reversal methods, FAQs
π§± Content Structure Overview:
π§© PART I β 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
ποΈ PART II β WORKS CONTRACTS & REAL ESTATE
Real Estate Transactions β Land sales, construction status, maintenance services
Works Contracts β GST treatment, exemptions, rate structures
Joint Development Agreements (JDAs) β GST on TDR, FSI, lease premiums
Leasing & Renting β GST on commercial/residential rent, religious exemptions
Govt Projects β Construction services to/from Govt, exemptions, TDS compliance
π 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
β Why This Book?
π Bridges fundamentals with advanced GST practice in real estate
π Ideal for advisory, audit, legal opinion, and exam preparation
π Written by renowned GST expert V.S. Datey
π Structured for quick reference & day-to-day use
π Master the intersection of GST law and real estate with unmatched clarity.
ποΈ Whether youβre building a project or resolving a noticeβthis book is your toolkit.