Menu
new flat sale after oc alloted
whether new flat sold after oc alloted by the authority will be a non gst supply or exempted sale. and what will be it's hsn no.
Replies (5)
Non GST supply.......
No HSN code.....
Dear Sir,
whether we can claim ITC on material purchased which is used for non gst supply (in this case new flat) or we should dr the gst to p&l.
whether we can claim ITC on material purchased which is used for non gst supply (in this case new flat) or we should dr the gst to p&l.
ITC is to be reversed proportionately. i.e. GST to be debited to P&L acc.
Sir,
What if there is a sale of Flat where OC is not received, can we take the ITC of material purchased proportionately or not?
Yes, because it is taxable supply under GST.......
Recent Topics :
- 12A registration expired in FY 22-23 and is not re
- Seeking Clarification on Business Code Selection a
- CG on property sold after construction of a house
- Nursing Home Taxability
- CA opted for Form 10IEA mistakenly - Demand raised
- Query on scenario related to FAST DS 2026
- Audit Executive (Remote, India) - Ace Auditing Off
- GST Transaction On Used Clothing
- ITC availed on 5%-rate passenger transport (AC bus
- Extension of Due Date of AY 2026-27
Related Topics :
Featured
12 September 2026
Assistant Manager - Finance & Compliance
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
ARTICLESHIP
16 September 2026
Article Assistant
MANUJ SHARMA AND COMPANY
Noida
CA Inter
View Details
Featured
11 September 2026
Audit Executive
RBSM Corporate Advisors Private Limited
Pune
CA
View Details
22 September 2026
Account Assistant
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
View Details
CCI
Pro
CAclubindia
