banner_ad

Applicability on vacant land & vacant residential sites.

This query is : Resolved 
Profile Image

Profile Image

(Querist)
06 September 2017 Dear Experts My friend purchased vacant land in Acres after some time he converted the same in to residential sites and sell to individual parties. My query is whether these transactions covered under GST Regim. If So, please provide the details. Thanks in advance.
Profile Image

Dibin Divyakumar

Profile Image

Dibin Divyakumar (Expert)
06 September 2017 Schedule III, para 5, Specifies sale of Land and Building is neither Supply of Goods nor services, subject to Schedule II para 5(b), In your case it seems to be not a supply under GST, Hence no GST applicable.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details