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Gst audit turnover includes non taxable supply??

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Practicioner
208 Points Posted on 13 November 2019
the client is in the business of real estate.
All the sales have taken place after OC which leads to non taxable supply.

So whether the client would be liable for gst audit.

note : sales is above 2 cr.
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On 13 November 2019 at 14:52 Report
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128152 Points Posted on 13 November 2019
Yes... If it's in business account.

But, better elaborate with more details then only you can get exact solution from our CCI experts...

What You mean "Non Taxable Supply"...?
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On 13 November 2019 at 16:21
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Practicioner
208 Points Posted on 13 November 2019
Since after OC gst is not applicable on the sale amount in real estate it comes under non taxable supply
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On 13 November 2019 at 16:23
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128152 Points Posted on 13 November 2019
Sorry dear...
OC means
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On 13 November 2019 at 16:25
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Practicioner
208 Points Posted on 13 November 2019
Occupancy certificate
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On 13 November 2019 at 16:27
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"Do the Right Thing...!!!"
128152 Points Posted on 13 November 2019
After OC what are supplies by You to House owner
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On 13 November 2019 at 16:48
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Practicioner
208 Points Posted on 13 November 2019
Constructed residential flats
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On 13 November 2019 at 16:51
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"Do the Right Thing...!!!"
128152 Points Posted on 13 November 2019
It's exempted supply. And it's also calculate in aggregate turn over...
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On 13 November 2019 at 16:53


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