Gst on sales of live trees

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INCHARGE
47 Points Posted on 16 November 2021
plz explain gst on sale of live trees
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On 16 November 2021 at 18:32 Report
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Quick Summary
This discussion clarifies the Goods and Services Tax (GST) implications for the sale of live trees. While seeds purchased may incur GST, live trees themselves are generally considered exempt from GST. This means nurseries selling live trees typically do not charge GST on these items.

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Chartered Accountant
24588 Points Posted on 17 November 2021
5% GST is applicable
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On 17 November 2021 at 06:05
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Accounts
30 Points Posted on 17 November 2021
Nil rate on live trees
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On 17 November 2021 at 08:01
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Chartered Accountant
24588 Points Posted on 17 November 2021
Yes yes it is exempt
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On 17 November 2021 at 11:50
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MBA
22 Points Posted on 17 November 2021
Nursery has no gst,it's in exempt
but seed you purchase it on gst
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On 17 November 2021 at 16:02
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Chartered Accountant
24588 Points Posted on 21 November 2021
That's correct
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On 21 November 2021 at 05:52

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