Land hsn code

Hi
we going sell land what is hsn
Replies (3)
Quick Summary
When selling land, it's important to understand its GST classification. According to the CGST Act 2017, the sale of land is considered neither a supply of goods nor a supply of services, meaning GST does not apply. If you are registered for GST, you should declare the sale of land as 'Non-GST' in your GSTR1 return, rather than 'Nil' rated.

Are you Registered under GST ???

As per Para 5 of SCHEDULE III of the CGST Act 2017, Sale of "LAND" is neither treated as Supply of Goods or Supply of Services. Hence, GST is not applicable on sale of land.
Yes we are registered in GST.

how to show in return,

nill or non taxable?

Sale of Land is a No Supply hence to be disclosed in GSTR1 as Non-GST.

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