puchase and sale of land..

Land and buildings are immovable properties and are not classified as goods. Hence a transaction for sale of land and sale of building neither treated as supply of goods nor a supply of services.

Thus, sale of land and building are not subject to GST.

thanks a lot sir...

Agree with Rambhia Sir...

Land being an Immovable Property, is neither treated as Goods nor Services under GST.

Moreover, as per Para 5 of SCHEDULE III of CGST Act 2017, Sale of Land is neither treated as a Supply of Goods nor a Supply of Service.

Hence, No GST leviable on Purchase and Sale of Open Land.

thank you sir..