GST Registration of Real Estate Business

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Generally, selling developed or undeveloped plots falls outside the scope of GST. However, if your real estate business involves providing land development services and your annual turnover exceeds the exemption limit (currently Rs. 20 lakhs), you will likely need to register for GST.

Umashankara HB

Umashankara HB (Querist)
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22 February 2023 Is GST registration required for on sale of developed plot business?

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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22 February 2023 Yes, whenever exceeded basic exemption limits, if development charges collected for utilities provided like road, water & light connections etc.

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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22 February 2023 GST is not applicable on sale of plots as per Schedule III. But if you are engaged in providing land development services and your annual turnover exceeds Rs. 20 lakhs then you need to take GST registration because land development services are liable to GST.

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CA Altamush Zafar

CA Altamush Zafar (Expert)
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22 February 2023 If you are having business of sale of developed plots then no need for registration. Sale of plots whether developed or undeveloped, both are outside the purview of GST

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