Gst registration
nirmal paliwal (ipcc) (81 Points)
26 March 2021
PLEASE CLARIFY WHETHER SALE OF LAND FALL UNDER AGGREGATE TURNOVER UNDER GST ACT
nirmal paliwal (ipcc) (81 Points)
26 March 2021
CA Mayank A Jain
(Chartered Accountant in Practice)
(1260 Points)
Replied 27 March 2021
Sale of land is not a supply under GST. Aggregate turnover includes taxable supplies, exempt supplies and non-taxable supplies and hence sale of land would not form part of aggregate turnover.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
CAclubindia
