Will advance received on sale of land by real estate attract gst?
As sale of land does not attach gst.
Menu
Advance received on Sale of land
Replies (2)
When any land is sold without any development charges, or service charges, it is out of levy of GST, and hence any advance received for that.
Value of the land is essential
Recent Threads
- What's CGAS?
- A Comprehensive Guide to Modern Digital Marketing
- Income tax status
- Demand raised for 'Self assessment tax' amount AY2
- TDS payment using Form 26QB when buying property o
- Export sales not realised payment not received fro
- RCM related queries
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
Related Threads
CAclubindia
