Gst issue for selling off commercial property
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 Jul 7 2016, 11:07 AM
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#1
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70 posts Joined: May 2015 
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QUOTE(phengeon @ May 19 2016, 05:54 PM) Is gst applicable for the following scenario: My understanding is that Sole Proprietorship IS NOT ELIGIBLE TO OWN ANY PROPERTY under NLC so the question of GST DO NOT ARISE here.Non gst-registered sole proprietorship sell off the company-owned commercial property at 1mil. TX for all advices.  |
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Jul 22 2016, 01:39 PM
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#2
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70 posts Joined: May 2015
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QUOTE(shaniandras2787 @ Jul 22 2016, 09:52 AM) o_O? ehhhhhhhhh........ sole proprietorship is the individual so technically speaking a "sole proprietorship" can own a property. Oh..when I say Sole Proprietorship means it is registered under ROB but not AN INDIVIDUAL per se..  |
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