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.
Menu
Gst audit turnover includes non taxable supply??
Replies (7)
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"...?
But, better elaborate with more details then only you can get exact solution from our CCI experts...
What You mean "Non Taxable Supply"...?
Since after OC gst is not applicable on the sale amount in real estate it comes under non taxable supply
Sorry dear...
OC means
OC means
Occupancy certificate
After OC what are supplies by You to House owner
Constructed residential flats
It's exempted supply. And it's also calculate in aggregate turn over...
Recent Topics :
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
Related Topics :
CAclubindia
