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ravneet(Enthusiast)Enthusiast
9 Apr 2026

A person purchased a house of 900 sqm and rents it out for 2 years. Later on , the house was required to be demolished as it was very old. The owner demolished the house, subdivided the land and sold 2 lots and kept one lot for herself. Is GST applicable to sale of 2 lots ?

Also, what are gst/cap gain implications for retained lot ?

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Is GST applicable on sale of land post demolition of property? | ATO Community