banner_ad

Sale of land by power of attorney

This query is : Resolved 
Profile Image

Profile Image

(Querist)
16 April 2021 A Partnership Firm dealing in sale of land by taking ''sale and development power of attorney'' from land owners.
The Firm is doing the following activities :
1. Took ''Sale and development power of attorney'' from land owners.
2. Developed land ( Here Development means only provide boundary, Filled up land with soil and ashes, clean bushes etc.
3. Sold land as capacity of attorney.
4. As per agreement or Sale and development power of attorney the firm takes the Consideration from buyer and transfer it to the seller.
My queries is
1. What are the Gst Provision applies to the Firms . ( Firm Took Gst Registration)
2. is Gst liability arised on the Firm .
3. If Liable how to calculate it.
Please help and guide me how to deal with it.
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
20 November 2021 18% GST levied over development charges.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details