Whether ST is applicable for advanced received on sale of land by developer.
Madhukar N Hiregange
(Chartered Accountant)
(39034 Points)
Replied 03 February 2009
No sale of land comes under the State list and the centre cannot levy any tax on the same.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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