Activities or Transaction Excluded from Supply - Para 5 of Schedule III [Read with Section 7(2)]

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..... h shall be treated as neither supply of goods nor supply of services (in other words, exclude from the supply) Para 5 - Sale of land and, subject to clause (b) of paragraph 5 of Schedule II, sale of building. * Sale of land is neither supply of goods nor a supply of services as per para 5 of schedule III of CGST Act. * sale of building where the entire consideration has been received after c .....

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..... as levelling, laying down of drainage lines, water lines, electricity lines, etc. It is clarified that sale of such developed land is also sale of land and is covered by Sr. No. 5 of Schedule III of the Central Goods and Services Tax Act, 2017 and accordingly does not attract GST. * 14.4 However, it may be noted that any service provided for development of land, like levelling, laying of draina .....

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