Mr. A purchased a piece of land in his name. Now after purchasing the land, he constrcuted a 4 storey building on it. Now he wants to sell all the 4 floors separately.
1. Will GST be applicable on such sale?
2. Is Mr. A required to register himself under GST for this transaction (amount of each sale over 20lacs)?
3. What will happen on Input on building material used for construction?