21 July 2010
Construction of Commercial Complex have been made taxable from 1st July 2010.
Whether advance received prior to 1st july 2010 but service provided after appointed date will be taxable.
Circular No. D.O.F 334/03/2010-TRU point no. 2 Specifically exempt on amount received prior to appointed date whether it is applicable to commercial complex
15 August 2010
Essentially charge of service tax is at the time when services are rendered/provided and payment of service tax is linked with receipt of money.
In the given case, services are being rendered post inlcusion of those servies under taxable category. so ofcourse service tax shall be payable. Circular quoted by you refers to amounts received for progress work and not just for advance paymentts.
CAclubindia
