Menu
GST on inheritance Gold
if i want to sell 1kg gold which i received from my grandfather in inheritance .is GST applicable ?
Replies (3)
No GST law over inheritance.......... Did your father file any wealth tax return?
Inheritance is not liable to GST. Further, if sale of the inherited gold is not in the course of your business then you are not liable to get registered even if the turnover exceeds Rs.20L and accordingly not liable to GST
ohk.. thanks
Recent Threads
- Invoice related audit
- Gst input credit related
- Updated ITR as missed the dead line
- Change if place of business l
- Purchase from unregistered dealer garments busines
- TDS DEDUCTED BUT NOT PAID BY EMPLOYER
- GST RCM GTA
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
Related Threads
CAclubindia
