Constrution of residential complex
This query is : Resolved
05 January 2013
Sir/Madam
One of client is engaged in construction of residential complexes, recently they are engaging in contruction of building having 9 flats only.
Is they are also liable for service tax from 01/07/2012. As there 12 residential unit of exemption avaliable in service tax.
Is there is any effets of negative list of service tax on above mention service.
Please clarify.
One of client is engaged in construction of residential complexes, recently they are engaging in contruction of building having 9 flats only.
Is they are also liable for service tax from 01/07/2012. As there 12 residential unit of exemption avaliable in service tax.
Is there is any effets of negative list of service tax on above mention service.
Please clarify.
06 January 2013
Dear Raj,
As per Notification No.25/2012 item No.14
Services by way of construction, erection, commissioning, or installation of original works pertaining to,-
(b) a single residential unit otherwise than as a part of a residential complex;
The earlier definition of complex excluding the building which has 12 or less residential units has been omitted.
Only single residential units are exempt from Service tax by mega exemption notification.
Thanks
As per Notification No.25/2012 item No.14
Services by way of construction, erection, commissioning, or installation of original works pertaining to,-
(b) a single residential unit otherwise than as a part of a residential complex;
The earlier definition of complex excluding the building which has 12 or less residential units has been omitted.
Only single residential units are exempt from Service tax by mega exemption notification.
Thanks
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