17 November 2012
Basically construction companies has two agreements i.e., Sale Deed agreement & construction agreement(Memorandum of understanding)called MOU. for example total flat value is Rs.1,00,00,000/- in that sales deed agreement value is Rs.30,00,000/- and remaining balance amount is Construction agreement (MOU) Rs.70,00,000/-. My doubt is "whether service tax abatement 67% or WCT 4.944% (Please clarify me both modes) applicability on total flat value or any changes in this regard". Please clarify me any one with notification details.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
19 November 2012
Taxes exemptions only on sale deed agreement, which is registered under government.
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