Gst on land purchase and sale

415 views 6 replies

Dear Sir

            I want to know that i am purchase land and sale it , i have not registered in gst  what will be the rate of gst on purchase and sale of land. Is it required to register gst.  please suggest me any one sir.

Replies (6)

As per paragraph 5 of schedule III activities or transaction relation to sale of land and subject to clause b of paragraph 5 of schedule II, sale of building shall not be treated as supply.

no gst on sale of land.. it is out of scope supply

Thank You Sir

My Pleasure

Thanks sir

Sale of land is not taxable under GST.

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