We just recently sold a residental unit in Victoria held in a hybrid trust
I received a Goods Statement for Residential Land form from our solicitor
basically it's a form which goes with the land transfer to the SRO.
Included was a section relating to GST on the sale of the unit
As the unit was a single residental unit, and not a commercial property
I was under the impression that no GST was applicable
Is that correct
I received a Goods Statement for Residential Land form from our solicitor
basically it's a form which goes with the land transfer to the SRO.
Included was a section relating to GST on the sale of the unit
As the unit was a single residental unit, and not a commercial property
I was under the impression that no GST was applicable
Is that correct