Rabia Khanum ., In re
Date: February 14, 2023
Subject Matter
GST is not applicable on sale of plots/sites even when they are sold after completion of works related to basic necessities. AAR ruling upheld.
Summary
The Board’s Circular No 177/09/2022 dated 3rd August 2022 at Para 14.3 , clarifies that sale of developed land does not attract GST . The entry No 5 of Schedule III to the CGST Act states that ‘sale of land’ is neither supply of goo…
(Under Section 101 of the CGST Act, 2017 and the KGST Act, 2017) 1. At the outset we would like to make it clear that the provisions of CGST, Act 2017 and SGST, Act 2017 are in pari materia and have the same provisions in like matter and differ from each other only on a few specific provisions. Therefore, unless a mention is particularly made to such dissimilar provisions, a reference to the CGST…