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Construction industry

This query is : Resolved 

09 January 2015 Respected ,
As per service tax law a builder pays service tax at 3.09% on 25% of value
in that case the service tax which is charged to him by different service provider is allowed as set off
can any one plz send me the section number and notification number in this regards


Your Student,

10 January 2015 Please refer the following 2 links for more clarification :

https://www.servicetax.gov.in/notifications/notfns-2012/st26-2012.htm

and

https://www.charteredclub.com/service-tax-on-under-construction-property-3-09/


Regards,
Siddharth Bumb
www.siddharthbumb.blogspot.com
www.facebook.com/DTandIDT


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