GST Council in its 47th meeting issued a clarification as follows:-
'Sale of land after leveling, laying down of drainage lines etc., is sale of land and does not attract GST'
To my knowledge till now no such clarification has been issued.
Can we take a stand in an ongoing proceedings based on above decision of GST council, that notice is payable on sale of developed plots after completion of related infrastructure. Please clarify.
GST Council: Sale of Land with Improvements Not Taxable, Formal Notification Needed for Legal Standing A discussion on the Goods and Services Tax (GST) forum revolves around a clarification from the GST Council's 47th meeting stating that the sale of land, after leveling and laying drainage lines, does not attract GST. Participants debate whether this clarification can be used in ongoing proceedings without an official exemption notification. Some suggest waiting for a formal circular for clarity, as press releases lack statutory force and may not influence adjudicating authorities effectively. The consensus is that the government's formal notification is necessary for the clarification to have legal standing. (AI Summary)
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