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Sale of immovable property treated as 'Supply'

Sale of immovable property treated as Supply - Goods and Services Tax - Started By: - NANDAKUMAR KONKAR - Dated:- 31-1-2017 Last Replied Date:- 4-2-2017 - Under MGST Law, Clause 5 (b) of Schedule II [transactions to be treated as 'Supply'] st .....

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ertificate, where required, by the competent authority or before its first occupation, whichever is earlier. broadly construed to mean that transfer of property under construction (where entire consideration has been received after issuance of comple .....

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39; of Finance Act, 1994, except for the 2nd exception: or before its first occupation, whichever is earlier . My query is:is first occupation exception linked with receipt of entire consideration or not? If yes, it means sale of building is not a su .....

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, it would not be a supply. So regardless of whether entire consideration is paid by buyer after CC or before 1st occupation, it would not be a supply. Alternately, if first occupation exception is not linked with receipt of entire consideration, it .....

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written by Sh.M.Govindarajan, Sir in his article dated 1.2.17. - Reply By KASTURI SETHI - The Reply = Pl. read Goods or Services instead of goods and services . - Reply By NANDAKUMAR KONKAR - The Reply = Sir,My query is not whether sale of immovable .....

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