Registration
This query is : Resolved
15 July 2018
A INDIVIDUAL BUILDER CONSTRCT BUILDING AND SAME SELL AFTER COMPLETION. WHETHER GST REGISTRATION REQUIRED.
16 July 2018
Yes Registration is advisable even though you are selling after completion certificate to be on a safer side.
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.
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
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Treatment of Pension ?annuity returns on PMVY
- Loan by Partnership Firm
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Last year TDS Claim
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
