Taxability of Sale of Developed Plot under GST

CA Umesh Sharma | Last updated: 10 August 2022

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The sale of a developed plot of land is generally not taxable under GST, as land itself is considered an immovable property exempt from GST. However, the services provided for developing the land, such as levelling, laying utility lines, and constructing roads, can attract GST. If a landowner pays a developer for these services, that payment is subject to GST.

Arjuna (Fictional Character): Krishna, what circular has been passed under GST Act regarding sale of developed plot? Krishna (Fictional Character): Arjuna, on 3rd August 2022 Circular No. 177/09/2022-TRU was passed for clarifying the taxability for sale of developed plot under GST. Arjuna (Fictional Character): Krishna, whether sale of developed plot is taxable under GST? Krishna (Fictional Character): Land, is an immovable property which is not subject to GST. As per Schedule III of th

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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CA Umesh Sharma

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Name: - UMESH RAMNARAYAN SHARMA. Residential Address: - 16, Motisagar, Samarthnagar, Aurangabad. Ph :- 2332846. Mobile:9822079900. Head Office Address: - R.B.Sharma Co. Chartered Accountants. Block No 7-10, 2nd Floor, Shangri-La Complex, Samarth Nagar, Aurangabad. Ph :- 2332511,2338388. Email:- rbsha ... Read more

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