Service tax calculation , when sold residential flat


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Querist : Anonymous

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Querist : Anonymous (Querist)
25 April 2014 respected sir

how to calculation of service tax on
residential flat.

Thaks for sagetion
jamshed ansari

25 April 2014 In case of a under construction residential flat service tax rate is 3.09%.
Let say if the amount due is 44,000 then service tax shall be (44,000*3.09%=1360) and total payable amount is 45,360/-


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