TaxTMI 
TaxTMI 
An unregistered salaried person is selling his Ancestral Paintings for Rs. 45 lakhs in the open market.
The question is whether GST will be leviable on these paintings or not.
GST on Sale of Ancestral Paintings
14 Dec 2024 
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Definition of business: one off sale of ancestral artworks by a non trader generally falls outside GST, though enforcement risk exists.
The sale of ancestral paintings by an unregistered salaried individual is not GST taxable if it does not constitute activity within the statutory definition of business; however, authorities may adopt a wide interpretation of business and isolated transactions can carry enforcement risk, so practitioners should balance the legal position against practical exposure and consider compliance measures where uncertainty is high. (AI Summary)
The sale of ancestral paintings by an unregistered salaried individual is not GST taxable if it does not constitute activity within the statutory definition of business; however, authorities may adopt a wide interpretation of business and isolated transactions can carry enforcement risk, so practitioners should balance the legal position against practical exposure and consider compliance measures where uncertainty is high. (AI Summary)