Aplicbility of s.tax on busines sale/purchase of vacant plot
This query is : Resolved
21 November 2013
If an assessee is doing the business of buying and selling vacant plots, will service tax provisions be applicable?
Please reply
Please reply
21 November 2013
Dear Sushant
The charging section of Service Tax is on the amount of service provided by the service provider.
As the Sale of plots does not constitute service in any manner, there is no Service Tax Applicable on the same.
The charging section of Service Tax is on the amount of service provided by the service provider.
As the Sale of plots does not constitute service in any manner, there is no Service Tax Applicable on the same.
Message likes :
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21 November 2013
Thank You Sir.
21 November 2013
If it is not his regular business, then he is not liable to pay service tax.
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