Exempted/non gst turnover in gst return
This query is : Resolved
05 April 2018
Sir,
In the case of Construction of Complex/Building Service including transfer of undivided share of land, the land portion can be deducted at 1/3rd of the total value as per Not. No.11/2017.
In this case, do we need to show the value of said portion of land in GST Return? If yes whether it is to be shown under exempted or Non GST supplies?
In the case of Construction of Complex/Building Service including transfer of undivided share of land, the land portion can be deducted at 1/3rd of the total value as per Not. No.11/2017.
In this case, do we need to show the value of said portion of land in GST Return? If yes whether it is to be shown under exempted or Non GST supplies?
06 April 2018
It is non-gst supply. As the sale of land is covered under Schedule III that is non gst supply.
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02 May 2018
Sir,
If an individual has professional income (liable to GST) above Rs.20 Lakhs and also earning Salary Income, do he need to show the salary income in GST Return as the salary also comes under Schedule-III?
If an individual has professional income (liable to GST) above Rs.20 Lakhs and also earning Salary Income, do he need to show the salary income in GST Return as the salary also comes under Schedule-III?
02 May 2018
Ideally yes, since its a non GST supply.
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