GST on sale of industrial gala/shop On MIDC Land

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..... GST on sale of industrial gala/shop On MIDC Land
Query (Issue) Started By: - Ravindra Vyas Dated:- 24-1-2022 Last Reply Date:- 27-1-2022 Goods and Services Tax - GST
Got 2 Replies
GST
Ple .....

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..... ase help for effective rate of GST on construction and sale of only industrial gala/shop its two floor industrial complex with 108 units Thanks & Regards Reply By CAHemanth Kumar: The Reply: Dear .....

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..... Ravindra Vyas, Based on the understanding of query, my view will be 1. if it is sale of business as a going concern it would be an exempt supply as per S.No 2 of notification no.12/2017 CT(R) 2. In .....

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..... case if it is a sale of only an industrial building a. Under construction - taxable at effective 12% b. Sale after OC - No GST. Reply By Shilpi Jain: The Reply: Agree with Hemanth. Also pls check .....

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..... if there could be any GST liability under RCM on the amounts paid to MIDC.
Discussion Forum - Knowledge Sharing .....

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