In Toyama Pty Ltd v Landmark Building Developments Pty Ltd [2006] NSWSC 83 the New South Wales Supreme Court considered the GST treatment of the sale of disused residential property with a development approval for the erection of a 14-unit development upon the land. A house was built upon p...
the total turnover of all supplies made by you would be combined to compute aggregate supplies. In addition, theGST rateon commercial property rentals will be 18 percent. Rental revenue from a residential property, on the other hand, is tax-free. ...
In Toyama Pty Ltd v Landmark Building Developments Pty Ltd [2006] NSWSC 83 the New South Wales Supreme Court considered the GST treatment of the sale of disused residential property with a development approval for the erection of a 14-unit development upon the land. A house was built upon p...
Capital property for GST/HST purposes is based on the meaning of the term for income tax purposes. It is: any depreciable property. This means property that is eligible or would be eligible for a capital cost allowance for income tax purposes; and ...
Sale and rental of unfurnished residential property Note: If you supply furnished property, the rent on the furnished item should be charged separately with GST where applicable. Sale where goods are delivered from overseas to another place overseas. Services Most local provision of services would ...
Non Residential Taxable Person A non-resident taxable person is someone who, while not having a fixed place of business or residence in India, occasionally engages in transactions involving the supply of goods or services, or both, in the course or furtherance of their business, whether as a ...
Sales and rental of unfurnished residential property Importing and supplying investment precious metals such as gold, silver and platinum Private transactions Sales of goods not brought into Singapore Sales made within the Free Trade Zone (FTZ) Sales within a Zero GST Warehouse Services Financial servic...
Real estate, financial services, rent (Residence), charities, health, education Medical, education, finance, insurance, postal services Real estate, Financial services, Residential rental Significance of sharing GST with local bodies: Promoting Co-operative Fiscal-federalism: Sharing GST revenues with loc...
The above shall be computed on all India basis and excludes taxes charged under the CGST Act, SGST Act and the IGST Act. What are the categories not included under GST in India? As per GST Law, aggregate turnover does not include value of supplies on which tax is levied on reverse char...
GST applicable on lab test GST refund paid as estimated tax liability RCM Related to Rent GST on goods not entering in India GST ON RENTAL OF RESIDENTIAL DWELING UNIT ON RCM Composition rate and stock difference Job work-Reg view more » Start a New Discussion Trending Online Classes GST...