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SUBHASH KUMAR AGGARWAL

SUBHASH KUMAR AGGARWAL (Querist)

15 July 2018 A INDIVIDUAL BUILDER CONSTRCT BUILDING AND SAME SELL AFTER COMPLETION. WHETHER GST REGISTRATION REQUIRED.

CA Kartik Pandya

CA Kartik Pandya (Expert)

16 July 2018 Yes Registration is advisable even though you are selling after completion certificate to be on a safer side.

Vishakha Kejriwal.

Vishakha Kejriwal. (Expert)

16 July 2018 The transaction in essence is sale of building that is neither a supply of goods nor supply of services as per Schedule III of the CGST Act. Hence no registration is required.

CA Kartik Pandya

CA Kartik Pandya (Expert)

17 July 2018 If builder is receiving any singly penny from buyer before completion certificate then full value is chargeable to GST and so many times builder casually receives such amount and then they come under the great difficulty . . .so it is better to be on a safer side

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