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TaxReply India Pvt Ltd

GODREJ RESIDENCY PVT. LTD.
(Authority for Advance Ruling, Maharashtra)

Hon'ble Judges:

D. P. GOJAMGUNDE
PRIYA JADHAV
Pet. Counsel
---
Res. Counsel
---

Petitioner / Applicant

GODREJ RESIDENCY PVT. LTD.

Respondent NA
Court

AAR (Authority for Advance Ruling)

State

Maharashtra

Date Mar 27, 2025
Order No.

GST-ARA-37/2023-24/B-157

Citation

2025(3) TAXREPLY 12993

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ORDER

PROCEEDINGS (Under Section 98 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017) The present application has been filed under Section 97 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017 [hereinafter referred to as “the CGST Act and MGST Act” respectively] by M/s. Godrej Residency Pvt ltd., the applicant, seeking an advance ruling in respect of the following questions. 1. What would be the rate of GST to be paid by the applicant on the consideration for sale of residential premises to buyers? 2. Whether the applicant is bound by the option exercised by the then-promoter of payment of GST at the effective rate of 12% with input tax credit or can the applicant discharge GST at the effective rate of 5% without input tax credit under the Notification no. 3/2019-Central Tax (Rate) dated 29.03.2019, for sale of residential premises of the Project and also for p....

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