Gst registration

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ipcc
87 Points Posted on 26 March 2021
PLEASE CLARIFY WHETHER SALE OF LAND FALL UNDER AGGREGATE TURNOVER UNDER GST ACT
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On 26 March 2021 at 18:33 Report
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This discussion clarifies whether the sale of land is included in the aggregate turnover for GST registration purposes. The consensus is that land sales are not considered a supply under the GST Act and therefore do not form part of the aggregate turnover. This means they are not subject to GST.

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1388 Points Posted on 26 March 2021
No , it's not covered in GST era
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On 26 March 2021 at 20:23
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Chartered Accountant in Practice
1260 Points Posted on 27 March 2021

Sale of land is not a supply under GST. Aggregate turnover includes taxable supplies, exempt supplies and non-taxable supplies and hence sale of land would not form part of aggregate turnover. 

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On 27 March 2021 at 12:08
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2742 Points Posted on 11 April 2021
Agree
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On 11 April 2021 at 10:12

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