The Ruling passed by the Gujarat AAR, is not acceptable and it is against the well settled Law in previous Service tax regime. (Ruling is meant for the applicant and will not be binding on others)
Basic factor here is Land is an immovable property (neither a Goods nor a Service) and it is immaterial whether it is developed or not,. A developed plot is not losing its inherent characteristics features. Buyer is paying only for the Plot and Stamp duty is being paid on the whole value of the Plot holding it is an immovable property. How GST could be levied on an immovable property is known only to this AAR of Gujarat.
(For information purpose only. Discretion solicited)