Abatement rate notification on commercial complex
This query is : Open
22 April 2014
If one contractor registered under Construction of Industrial or commercial complex, not in works contract service and gross amount charged in the bill/invoice exclusive of cost of land then what percentage of service tax he will be charge on his bill/invoice? is it 33% of 12.36%? but 33% abatement rate not mentioned anywhere in the Notification No. 26/2012-ST dt. 20-06-2012
Kindly resolve
Kindly resolve
22 April 2014
S TAX ON TOTAL GROSS VALUE INCLUDING LAND COST.
UNDER NOTIFICATION NO 26/2012-ST.ABATEMENT
UNDER NOTIFICATION NO 26/2012-ST.ABATEMENT
22 April 2014
I know that but this abatement usually enjoyed by the developers, not contractors who is engaged by the developers to construct the property. contractor who contract the property by virtue of order of developers, no land value inclusive of his contract & if he registered under Construction of Industrial or commercial complex service if he enjoy any abatement?
22 April 2014
CAN U WRITE SEPARATE AGREEMENT FOR ONLY CONSTRUCTION OF BUILDING WITH OUT REGISTRATION OF LAND AND BUILDING.
CAN WRITE A AGREEMENT WITH FLOT OWNER( PURCHASE APARTMENT) FOR ONLY CONSTRUCTION OF RESIDENTIAL HOUSE.
SO U CAN ENJOY WITH OUT LAND COST AND REGISTRATION COST EFFECT.
CAN WRITE A AGREEMENT WITH FLOT OWNER( PURCHASE APARTMENT) FOR ONLY CONSTRUCTION OF RESIDENTIAL HOUSE.
SO U CAN ENJOY WITH OUT LAND COST AND REGISTRATION COST EFFECT.
22 April 2014
If we entered an agreement with builder/developers only construction of building,then in think it will not enjoy abatement 75% under construction of commercial & industrial service. because 75% abatement only available when the gross value include land cost. is any abatement enjoy a contractor when he construct a building commercial or residential?
If we entered an agreement with builder/developers only construction of building,then in think it will not enjoy abatement 75% under construction of commercial & industrial service. because 75% abatement only available when the gross value include land cost. is any abatement enjoy a contractor when he construct a building commercial or residential?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Refund Annexure-B
- TDS Claim year
- Internship/Academic shown in Salary Pay Slip of a Doctor
- Refund of 20%pre-deposit paid for stay application
- Rent lease agreement
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- TDS Challan Code
- Liable to deduct tds and 44ADA
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
