Dear Sir
I want to know that i am purchase land and sale it , i have not registered in gst what will be the rate of gst on purchase and sale of land. Is it required to register gst. please suggest me any one sir.
Manoranjan Rout (Accountant) (50 Points)
12 December 2017Dear Sir
I want to know that i am purchase land and sale it , i have not registered in gst what will be the rate of gst on purchase and sale of land. Is it required to register gst. please suggest me any one sir.
vamsi krishna
(article student)
(280 Points)
Replied 12 December 2017
As per paragraph 5 of schedule III activities or transaction relation to sale of land and subject to clause b of paragraph 5 of schedule II, sale of building shall not be treated as supply.
Garvit Jain
(CA FINAL)
(62 Points)
Replied 12 December 2017
no gst on sale of land.. it is out of scope supply