Cuttack housing project faces ₹10 crore unpaid GST liability
BHUBANESWAR: The commissionerate of commercial tax (CT) and GST in Cuttack has identified an outstanding GST liability of approximately Rs 10 crore related to a significant housing project undertaken by a promoter in collaboration with the Cuttack Development Authority (CDA). This amount pertains to unpaid taxes on the transfer of development rights (TDR) for a land parcel designated for private development. Investigators noted that while other dues have been cleared, this liability remains unsettled. As detailed in the tax evasion report, the project operates under a joint development agreement, where the developer has built affordable housing consisting of 550 units…