One of our client who is a Public Limited Company deals with the purchase and sale of Land. The company first purchases the land and sell the same to clients after dividing the land into small plots. The facilities provided with such plots are water connection, electricity connection, internal roads with street lightning and boundary walls which surrounds the land. Apart from this, not doing any kind of construction work. My query is whether Service tax for this company is applicable or not. The company has already applied for VAT/CST. Please reply whether service tax is applicable or not and if yes than what percentage.
Thanking You.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
18 December 2013
Dear Sir, Please reply at the earliast