Builder Related


02 June 2011 If some complex has 10 residential unit and 5 commercial units, then builder is liable to service tax?
Second Question : Suppose out of 14 residential units in particular project, 10 units are sold by installments under which payments are made during construction phases, but 4 units are sold after getting completion certificate, then builder is liable to service tax?

02 June 2011 I - It Depends on How Local Authority treats Such Complex

II - Yes , it is Liable To Service Tax , Only way ST would not be Applicable is When All the amount is received after Completion of Construction as Per Certificate issued by competent authority.

02 June 2011 Thanks Mr. Ankit.

In first answer u said "It Depends on How Local Authority treats Such Complex". Here would u clarify how local authority clarify us the way it treats such asset. Local authority may treat it as residential-cum-commercial complex, then in that situation what should we do?
And would u pls. intimate me your email ID? mine is tejasinvites@gmail.com

01 August 2011 Thanks Mr. Ankit.

In first answer u said "It Depends on How Local Authority treats Such Complex". Here would u clarify how local authority clarify us the way it treats such asset. Local authority may treat it as residential-cum-commercial complex, then in that situation what should we do?
And would u pls. intimate me your email ID? mine is tejasinvites@gmail.com


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details