Advance received on Sale of land

Will advance received on sale of land by real estate attract gst?
As sale of land does not attach gst.
Replies (2)
Quick Summary
This discussion clarifies whether an advance received on the sale of land is subject to GST. Generally, the sale of land itself is not subject to GST. Therefore, any advance payments received for land sold without associated development or service charges are also typically exempt from GST. The value of the land remains a key consideration in these transactions.

When any land is sold without any development charges, or service charges, it is out of levy of GST, and hence any advance received for that.

Value of the land is essential

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
24 October 2026
CA Industrial Trainee

Fytomax Nutrition Private Limited

Aurangabad

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
31 October 2026
Accountants

sankaran and krishnan

New Delhi

B.Com

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details