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Service tax applicable or not

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(Querist)
27 May 2015 Dear sir
iam purchase a villa in goa builder has charges service tax 3.7%. please suggest me service tax applicable or not.
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Amol S Joglekar

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Amol S Joglekar (Expert)
27 May 2015 service tax is very much applicable.
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Sumit Grover

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Sumit Grover (Expert)
27 May 2015 Yes, if it was under construction villa(i.e. before issuance of completion certificate), then service tax is applicable.



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Sanket

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Sanket (Expert)
27 May 2015 he service tax is
charged on the basic value of the
flat. For Service Tax calculation 25%
of the basic value is considered. For
example, if your basic price 40L Rs.
The value to be considered for service
tax calculation �ll be 10L Rs.

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