- By V.S. Datey

10th Edition - 2025

This book is definitive subject-specific commentary that simplifies the application of GST across the construction and real estate sectors. It begins with core concepts—such as taxable event, place of supply, and valuation—and progresses seamlessly to advanced issues like joint development agreements, transfer of development rights (TDR), floor space index (FSI), and leasing. Practical examples explain each topic clearly, enabling readers to grasp foundational principles and specific complexities. Its structured approach demarcates fundamental GST provisions from the specialised aspects unique to real estate. Illustrations and step-by-step explanations enhance comprehension, while appended statutory references ensure accuracy and easy access to legal texts.

This book is intended for the following audience:

• Chartered Accountants, Cost Accountants, & Tax Practitioners – For compliance, planning, and advisory related to GST in construction & real estate
• Lawyers & Corporate Legal Teams – To interpret GST provisions for ongoing and prospective legal matters in the real estate domain
• Builders, Contractors, & Real Estate Developers – Practical guidance on GST aspects of works contracts, joint development arrangements, transfer of development rights, etc.
• Government Authorities & Departmental Officers – As a reference tool for assessing GST liabilities in works contract and real estate matters
• Students & Academicians – For understanding sector-specific GST intricacies