GST on sale of commercial property
This query is : Resolved
15 February 2020
XYZ(Manufacturer) is registered with GST and is having factory in Navi Mumbai and Head Office in Mumbai. The Head office in Mumbai was an ownership premises which XYZ had sold for Rs.100 Lakhs. Is XYZ required to pay GST on it?
16 February 2020
No GST applicable on sale of immovable property.
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