A builder has entered into a Joint venture for constructing a commercial complex for about 50000 sq feet and share it with the land owner on 50:50 of built up area. Both are going to retain the same.

a) Is service tax is to be paid by the builder or the land owner
b) If it is by the builder, on the value of builtup area to be given to the land owner or on the entire 50000 sq feet
c) There is no money given by the land owner to the builder or sale is involved. How the value to be arrived
d) When the liability arises. On the provision of service or on registration of land (UDS)
e) Is the area retained by the builder it exempted being service rendered to self

Dear Sir,

My query is related to Circular No.108/02/2009 dated 29/01/2009 by ST Department.

I had entered into two agreements with a Builder for sale of undivided share in the land and a constrction agreement for the construction of Apartment and I am paying consideration in monthly instalments.No sale deed has been executed in favour of me.I had already paid 40% of the amount which includes Service Tax.

My specific doubt is:-

Whether I have to continue to pay Ser.Tax as per the second agreement for the value of apartment as the second agreement with the Company is a construction agreement and the Circular didn't mention anything about construction agreement for residential units.

Kindly advise me.

Regards,

JAGADEESH

Dear Sir,

Can u brief me the section & detail of applicability of Service Tax on Contractors, Rent, and rent on Vehicles and equipments.

Regards
rekha

Dear Sir,

Can any brief me on section & detail of applicability of Service Tax on Renting of Vehicles and equipments.

Regards

Hi,

Please let me know whether it is compulsory to file return of service tax in case we had registration and we are not cancell the same till date, but our taxable services is well below the threshold limit ................

Please its urgent ................IN CASE SUCH PENALTY ARISES IS THEIR IS ANY PROVISION TO WAIVE THE SAME.


Thanks in advance please expert opinion required .................

Since we have to pay service tax on import of service, can we avail the credit of the same while paying service tax?

I have a doubt as how to calculate the service tax on the below issue.

We intend to leaseout our property for commercial purposes against a re-fundable deposit amount of rs.5.00 Crore.

I will not be getting any monthly rent out of the above deal.

The lease period would be for 5 years and at the expiry of the 5 years i will have to return the entire Rs.5.00 crore back to the clinet.

In the above, case how to arrive on the quantum of service tax payable

Pls clarify

Regards

Karthik

Which are the services on which tax crdit is taken?
I have heared that there are some selected services on tax credit is taken.

If a perason (Service Provider)comes in to contract with another person(Service Receiver)to provide a taxable service.According to term of contract if service receipeint revoke the contract he have to pay an amount of penalty to the service provider.Now my question is that whethr Service tax is to be charged on the amount of penalty to be received from service receiver?

A web designer situated in India design web site in India for an overseas Company. The former receives payment for his services in Convertible Foreign currency. Whether the said service comes under export of services under Export of service Rules,2005.