selling of flats are subject to GST.
CA amit jalan (CA ) (47 Points)
18 June 2017with this definition can it be said after receiving completion certificate selling of flats are subject to GST.
because flat are under GOODS definition.
CA amit jalan (CA ) (47 Points)
18 June 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(172465 Points)
Replied 18 June 2017
The government has clearly mentioned in Schedule III that sale of land and/or building will neither be treated as a supply of goods nor a supply of services, i.e., GST will not be applicable on this.
So currently it stands that:
However, there are discussions of bringing in sale of land and/or building under GST, let us see.......
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