SC Halts GST Demand On JDA Project; Sparks Debate On Taxability Of Land Transfers

The Supreme Court stayed a GST demand on a Joint Development Agreement (JDA) project, raising significant questions about the taxability of land transfers. The matter concerns whether landowners transferring development rights to builders should attract GST under the supply definition. The decision has reignited debate on real estate taxation and compliance under GST, potentially influencing future interpretations of RERA and land-related transactions. The ruling provides interim relief to developers while keeping policy clarity pending.