MR X a proprietor business registered under GST deals in sale of plot which he exempt as well as sale of some taxable item like cement etc. should the amount received from sale of land should be shown in GST 1 NON GST ITEM or we can leave it
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Quick Summary
A business owner registered for GST, who sells both exempt plots of land and taxable items like cement, is seeking clarification on how to report land sales within their GST filings. Specifically, they want to know if the proceeds from land sales should be declared under 'Non-GST items' or if they can be left off the return entirely, considering the land is typically used for residential housing.