Applicability of service tax on land plotting
This query is : Resolved
DIPAL SHAH
(Querist)
03 December 2012
Is service tax applicable to the assessee who does the activity of plotting & selling the plot of land with amenities like clubhouse, garden. Assessee is not constructing the house. it just does the activity of plotting for the land owned by the assessee and then sell the plot of land with amenities as mentioned above. If it is applicable then what will be the rate & abatement, if any, available or not.
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Read more at: https://www.caclubindia.com/forum/service-tax-on-land-development-amp-plotting-193832.asp#.ULyVw-Ta_wo
Amol S Joglekar
(Expert)
03 December 2012
with the inclusion of negative list with effect from 01/07/2012, this can be covered under service tax. No abatement available. (Better if you could associate some construction activity along with plotting)
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