GST REGISTARTION FOR PERSON DOING BUSINESS IN EXCLUSIVELY OF PLOTTED DEVELOPMENT

[NUKALA KUMAR]

WHETHER THE PERSON IS LIABLE FOR MANDATORY REGISTARION AS AGGREGATE TURN OVER EXCEEDING 20 LAKHS,

PERSON IS INTO EXCLUSIVELY SALE OF DEVELOPED PLOTS TO CUSTOMERS ON HIS OWN LAND,THERE IS NO JDA.

INCOME RECIVED FROM SALE OF DEVELOPED PLOTS IS 20 CRORE

WHETHER PERSON IS LIABLE FOR  MANDATORY GST REGISTRATION?

AI Summary

Sale of land classification removes GST registration requirement for exclusive plot developers where transactions are non-taxable.
Sale of developed plots is treated as "sale of land" under Schedule III, Entry 5 and therefore constitutes a non-taxable supply for GST purposes; Section 23 of the CGST Act excludes persons engaged exclusively in non-taxable or wholly exempt supplies from mandatory registration, so an exclusive plot seller whose receipts derive from such land sales is not required to register for GST. Relevant advance ruling and subsequent case authority have been invoked to support this classification and the consequent absence of GST liability.