<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>GST on Shops</title>
    <link>https://www.taxtmi.com/forum/issue?id=118344</link>
    <description>Whether sale of marked shops attracts GST depends on classification as sale of land (Schedule III) or as construction service (Schedule II). Construction intended for sale is taxable under Schedule II(5)(b) unless the entire consideration is received after a completion certificate or after first occupation. Where no official completion certificate is required, certification by an architect, chartered engineer, or licensed surveyor suffices; absent such certification or evidence on timing of consideration receipt, the department may treat the transaction as taxable construction.</description>
    <language>en-us</language>
    <pubDate>Thu, 26 Jan 2023 18:33:56 +0530</pubDate>
    <lastBuildDate>Thu, 23 Jan 2025 15:54:14 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=702775" rel="self" type="application/rss+xml"/>
    <item>
      <title>GST on Shops</title>
      <link>https://www.taxtmi.com/forum/issue?id=118344</link>
      <description>Whether sale of marked shops attracts GST depends on classification as sale of land (Schedule III) or as construction service (Schedule II). Construction intended for sale is taxable under Schedule II(5)(b) unless the entire consideration is received after a completion certificate or after first occupation. Where no official completion certificate is required, certification by an architect, chartered engineer, or licensed surveyor suffices; absent such certification or evidence on timing of consideration receipt, the department may treat the transaction as taxable construction.</description>
      <category>Discussion-Forum</category>
      <law>GST</law>
      <pubDate>Thu, 26 Jan 2023 18:33:56 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/forum/issue?id=118344</guid>
    </item>
  </channel>
</rss>