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GST on sale of property

Indirect Taxation

Party has Let out Commercial & Residential Buildings He will construct the building & Sell also 1) He is paying GST on Commercial buildings only 2) Whether on sale of buildings GST is applicable?? Party will purchase the land/ site and construct the building, after completion of building then he will sell it off Please reply

Veera V

CA Final

★ 0

27-Oct-21 00:39

660

Answers (6)

When the

Stalin Manohar

CA Inter

★ 580

27-Oct-21 00:43

Sale of building is not a supply When the entire consideration is received after obtaining completion certificate or first occupation whichever is earlier

Stalin Manohar

CA Inter

★ 580

27-Oct-21 00:44

Stalin Manohar

Sale of building is not a supply When the entire consideration is received after obtaining completion certificate or first occupation whichever is earlier

Ok thanks

Thread Starter

Veera V

CA Final

★ 0

27-Oct-21 00:48

Stalin Manohar

Sale of building is not a supply When the entire consideration is received after obtaining completion certificate or first occupation whichever is earlier

Can you send the GST Rate list & Procedure link if any ofbuilders & developers GST Compliances

Thread Starter

Veera V

CA Final

★ 0

27-Oct-21 00:49

Thread Starter

Veera V

Can you send the GST Rate list & Procedure link if any ofbuilders & developers GST Compliances

I don't have the rate list bro

Stalin Manohar

CA Inter

★ 580

27-Oct-21 01:04

Stalin Manohar

I don't have the rate list bro

Ok thanks bro

Thread Starter

Veera V

CA Final

★ 0

27-Oct-21 07:08