GST is applicable on joint development of properties in this condition, rules Patna High Court; buyers must check this

The Patna High Court has ruled that GST is applicable on RCM basis on the transfer of development rights from a landowner to a builder before the completion certificate (CC) is issued under a joint development agreement. This decision means builders must pay GST on the apartment units given to the landowner, potentially increasing costs for landowners. Read below to know more.