GST payable on Amount Forfeited on account of Breach of Agreement of Sale of Land: AAR [Read Order]

The Gujarat Authority of Advance ruling (AAR) ruled that GST payable on Amount forfeited on account of breach of agreement of sale of land. The applicant,  has submitted that they want to sell factory land to Mr. B for Rs.1 crore. Mr. B showing acceptance to the sale agreement, gives advance money amounting to Rs. […]
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