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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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"Do the Right Thing...!!!"
128147 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"...?
463 Reply
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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"Do the Right Thing...!!!"
128147 Points Posted on 13 November 2019
Sorry dear...
OC means
463 Reply
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...!!!"
128147 Points Posted on 13 November 2019
After OC what are supplies by You to House owner
463 Reply
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...!!!"
128147 Points Posted on 13 November 2019
It's exempted supply. And it's also calculate in aggregate turn over...
463 Reply
On 13 November 2019 at 16:53


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