GST on Purchase and sale of land business
This query is : Resolved
26 September 2020
Hi all, ABC Private Limited is dealing only real estate business like only purchase and sale of land without doing any construction activity just like intermediary. After amendment of GST on 01/04/2019 on real estate sector, Is the GST is applicable to this company ?
26 September 2020
Not covered under GST in view of specific entry in schedule III and being immovable property which is not goods.
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