12 March 2021
an individual is having GST registration number and doing trading business.... He owns a property in his/her name and monthly rental is received.....This office property is five years old.... He/she is also a director in a private limited company.. Now This individual want to sell same property to Private Limited Company.... Now how much GST to be charged on sale proceeds from this individual to Private Limited Company... Can Private Limited Company claim input credit.... Regards
12 March 2021
1. Whether you are into property trading or share Trading? 2. If share trading then no GST will be applicable because the property is your personal property.
CAclubindia
