Notification : Service tax exemption for house under 20 L ?

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This query is : Resolved

CMA. Subhash Kumar Jha (Querist)

16 September 2010 Urgent :

Kindly provide to me the notification which says that the recent provision of levying service tax on under-construction property will not apply, where the cost of the house is less the 20 Lacs.

Thanks.

Aditya Maheshwari

Aditya Maheshwari (Expert)

16 September 2010 Not heard of any such notification. No such notification.

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Querist)

16 September 2010 Can you go to the following link & see the section : Exemption # point 3.

https://www.etaxindia.org/2010/08/sale-of-under-construction-houses-to-attract-ervice-tax-from-july-1.html

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Querist)

16 September 2010 Open

CMA. Subhash Kumar Jha

CMA. Subhash Kumar Jha (Querist)

16 September 2010 Also see the point no 6 of the below link :

https://www.investmentyogi.com/taxes/service-tax-for-new-home-purchase.aspx

Aditya Maheshwari

Aditya Maheshwari (Expert)

16 September 2010 Thanks for the info but still no notification is there for the same.