1)my client is willing to sale his land
2)received 1Cr from 2 to 3 buyers as advance ,and he invested same money to develop land into sites
3)after completion of development he sells some sites to them,and remaining to others
any gst liability on him ?
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GST on land ti sites
Replies (4)
Can you clarify what do you mean by Site .... is it is building .
No only into sites
NO GST APPLICABLE (REFER SCHEDULE III)
In Karnataka AAR told if developing charges paid then pay GST....
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