REAL ESTATE GST LEVY 80:20, Goods and Services Tax - GST

[Akash Aggarwal]

Remuneration of Partners and Profit share in a Partnership Firm is to be considered in 80 : 20 Rule for Real Estate Client ? If yes can the same be considered in 80% limit where the partner is a Registered taxable person and if it’s a Yes, whether he is required to Raise an Invoice for the same?

Posts / Replies

[PAWAN KUMAR]

Remuneration is form of salary and not liable for gst as per my view.