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 Gst issue for selling off commercial property

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linkor
post May 19 2016, 08:30 PM

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1) does the sole propritor has more than 2 unit commercial -> If Yes then GSTabble.

2) Does the sole proprietor has TOTAL market value of > 2mil commercial ->If Yes Then GST

3) Does the sole proprietor yearly turnover above 500k ?

Any of Yes above it is GSTable.
linkor
post May 20 2016, 06:58 AM

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QUOTE(phengeon @ May 19 2016, 09:03 PM)
So means dis scenario no gst?
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yes, no need charge GST
linkor
post May 20 2016, 01:49 PM

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QUOTE(phengeon @ May 20 2016, 09:34 AM)
Any different if it's a sdn bhd instead of sole? Really TX for ur answer.. smile.gif
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no difference as of today.

 

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