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Poonawalla fincorps

Poonawalla fincorps

Real estate

DILIP KUMAR (14 Points)

09 March 2020

land promoters income levy gst?

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Piali Roy Chowdhury (605 Points)
Replied 09 March 2020

No GST is levied on Sale of Land since it does not constitute a Supply.

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Pankaj Rawat (GST Practitioner) (55047 Points)
Replied 09 March 2020

Yes as per schedule III it's neither the supply of goods nor supply of service, hence No GST attracts

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