A BUILDER WHO IS CONSTRUCTING RESIDENTIAL FLATS AND SELLS. HE HAS OBTAINED COMPLETION CERTIFICATE FOR THESE FLATS AND NEED NOT TO CHARGE GST ON SELL OF FLATS. MY QUESTION IS, IN GSTR3B AND GSTR1 HOW WILL WE SHOW THIS SELL AMOUNT?
PLEASE GUIDE
NISHANT SHAH (Tax Practioner) (235 Points)
16 July 2020A BUILDER WHO IS CONSTRUCTING RESIDENTIAL FLATS AND SELLS. HE HAS OBTAINED COMPLETION CERTIFICATE FOR THESE FLATS AND NEED NOT TO CHARGE GST ON SELL OF FLATS. MY QUESTION IS, IN GSTR3B AND GSTR1 HOW WILL WE SHOW THIS SELL AMOUNT?
PLEASE GUIDE
CA ABHAY GUPTA
(Practice)
(3230 Points)
Replied 16 July 2020
NISHANT SHAH
(Tax Practioner)
(235 Points)
Replied 16 July 2020
SIR AS PER SCHEDULE III ITS NON SUPPLY. NOT NON GST SUPPLY.
PLEASE GUIDE.
annu Goyal
(1102 Points)
Replied 22 July 2020
NISHANT SHAH
(Tax Practioner)
(235 Points)
Replied 23 July 2020
THANK YOU
I WANT TO KNOW THAT WHERE WILL WE SHOW IT IN GSTR1 OR GSTR9
REGARDS
CAclubindia
