Construction service
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 February 2014
Can anybody tell me service tax related to construction services ?
If suppose I am a builder. I sold flat and that time made agreement Rs.50lakh. and completion certificate issued by competant authority. then this time service tax applicable? if yes then who bare the service tax. Means builder can collect from customer or not ?
If suppose I am a builder. I sold flat and that time made agreement Rs.50lakh. and completion certificate issued by competant authority. then this time service tax applicable? if yes then who bare the service tax. Means builder can collect from customer or not ?
25 February 2014
your query is not clear.
If the serice was provided and completion certificate was issued prior to the introduction of servcie tax, then no servcie tax will be charged.
Further any amount billed after the issue of completion certificate is also not taxable.
However the any amount billed after the coming into force of Service tax on residential complex but before obtaining the completion certificate will be taxable.
As to the burden, if the customer is not willing to pay the servcie tax separately, the amount received will be deemed as inclusive of service tax.
regards
If the serice was provided and completion certificate was issued prior to the introduction of servcie tax, then no servcie tax will be charged.
Further any amount billed after the issue of completion certificate is also not taxable.
However the any amount billed after the coming into force of Service tax on residential complex but before obtaining the completion certificate will be taxable.
As to the burden, if the customer is not willing to pay the servcie tax separately, the amount received will be deemed as inclusive of service tax.
regards
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- NON- SUBMISSION OF LLP FORM 3
- Free lancer income
- TDS related Query_Liquidated Damages
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- What is provisional receipt number for generation of form 16A
- Form 27Q Correction statement taking too long to update on IT Portal
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
