Do I have to pay GST on selling vacant commercial land?

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(Newbie)Newbie

11 Mar 2025

Hi, I bought a commercial land on individual name to develop a business, however the construction cost are up the roof and only resort for me is to sell this vacant land.

i am not GST registered, I paid GST when I bought property.

question is that do I have to pay GST when I sell the property? This doesn’t make sense to me. Could ATO or a registered accountant can answer this question? Thanks

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