Liability of service tax

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knnk (Querist)
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15 July 2015 this is regarding a payment towards agreement for construction of flat with a builder. the builder is not asking for service tax on the payment value. could it be that the builder can come back later asking for service tax after registering the flat. Once registration is done, what hold will the builder have on the buyer for claiming the Service Tax and same is for VAT. I need help in understanding as to who is liable for Service tax and VAT ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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15 July 2015 Only the builder is liable for service tax and VAT payment. The builder may come to you later.

knnk

knnk (Querist)
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15 July 2015 Although the Builder is liable and coming to the buyer at later date for ST & VAT amount, the flat would have been registered in the name of buyer and what type of hold does the builder have on the flat buyer ? Can the flat buyer deny the liability as the flat is already registered ?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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15 July 2015 Builder is liable to do any repairs up to one year, if payment is not made for service tax he may not attend the work.

knnk

knnk (Querist)
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15 July 2015 Dear Expert, Thank you very much for your inputs. Appreciate your help.

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