Construction service related
This query is : Resolved
11 May 2013
Notification No. 02/2013 ST was effective from date 01/03/2013.
But from which date Notification No. 09/2013 ST will be effective?
Please give answer with some reference.
But from which date Notification No. 09/2013 ST will be effective?
Please give answer with some reference.
11 May 2013
as the effective date is not mentioned.
effective date is date of publication in the official Gazette
08.05.2013
effective date is date of publication in the official Gazette
08.05.2013
11 May 2013
How can we know that the it was published in Official Gazette dated 08.05.2013?
12 May 2013
Kindly note that the Government has issued a new notification viz. Notification no. 09/2013–ST dated 08.05.2013 amending the earlier Notification No.02/2013-ST dated 01.03.2013
In terms of the said notification, entry 12 of notification no.26/2012-ST dated 20.06.2012 as amended by Notification No.02/2013-ST dated 01.03.2013, is further amended as below:
Particulars Taxable Value
For residential units with carpet area of less than 2000 sq. feet AND the amount charged is less than Rupees one crore 25%
For any other construction 30%
Thus, only if the residential unit area is less than 2000 sq.ft. & the amount charged is also less than Rs. 1 Crore, then abatement of 75% is available. For all other cases, the abatement is 70%. (Other conditions regarding inclusion of land value and non-allowability of CENVAT on inputs remain unchanged)
The above Notification no. 09/2013–ST is effective from the date of the notification i.e. 8th May, 2013
In terms of the said notification, entry 12 of notification no.26/2012-ST dated 20.06.2012 as amended by Notification No.02/2013-ST dated 01.03.2013, is further amended as below:
Particulars Taxable Value
For residential units with carpet area of less than 2000 sq. feet AND the amount charged is less than Rupees one crore 25%
For any other construction 30%
Thus, only if the residential unit area is less than 2000 sq.ft. & the amount charged is also less than Rs. 1 Crore, then abatement of 75% is available. For all other cases, the abatement is 70%. (Other conditions regarding inclusion of land value and non-allowability of CENVAT on inputs remain unchanged)
The above Notification no. 09/2013–ST is effective from the date of the notification i.e. 8th May, 2013
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
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Scrutiny and reopening of past returns
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Booth for sales promotion
- Presumptive income under 2025 ACT
- TAX AUDIT QUESTION
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- LIABILITY ADJUSTMENT
- Capital Gains on sale of residential flat
- Accounting with Claude
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
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
