The sale of residential units of the project is not a sale of immovable property but a sale of services and GST is subject to be levied. Once, the GDA rejects the Completion Certificate to the applicant, the Completion Certificate cannot be stated to be
When a residential property, being used for commercial purposes is sold to a buyer that intends to operate a professional practice from the premises and one of the vendors is registered for GST, what happens when the registered vendor deregisters from GST ten days before settlement? The ...
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...
Most local sales would fall under this category.E.g. sale of TV set in a Singapore retail shopExport of goods e.g. sale of laptop to overseas customer. The laptop is shipped to an overseas address by the supplierSale and rental of unfurnished residential property ...
can anybody tell rate and abatements to construction of residential complex under gst? TRILOCHAN CHAND:On 12 June 2017 Sir I Adv Trilochan Chand requested you to kindly provide me rate of gst on services service vise n m agrawal:On 13 June 2017 ...
Property that has been previously occupied and used for residential purposes will be exempt from GST. However, if the property was substantially renovated prior to being sold, then GST may apply to the sale of that property. Residential lands, such as a residential land leases or trailer parks...
Goods: Sale and rental of unfurnished residential property ,Importation and local supply of investment precious metals. Service: Financial services, E.g. issue of a debt security 2.2 Out-of-Scope Supplies: Goods: Sale where goods are delivered from overseas to another place verseas Private transac...
I offer residential house / home / unit property valuation ($180 + gst) in the Illawarra, also retail, industrial, office, commercial, and special use. Click below, first for 3 "golden minutes", and next, for 90 "silver seconds", with Dave Butler!
The GST and theQST must be charged during the saleof most goods and services within the province, according to Revenu Quebec. Taxable supplies are charged 5 percent GST and 9.975 percent QST and include sales of new residential facilities, gasoline and cars, hotels, clothing, and food and bev...
“Effective rate of GST payable on the purchase of under-construction residential or commercial properties from builder involving the transfer of an interest in land or individual share of land to the buyer is 12% with full input tax credit (ITC)”, said CBEC. If you have opted property ...