banner_ad

Service tax for construction of a house in owned land

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 January 2017 Please help me in clarifying on service tax calculation for construction of a house in my owned land.

I have a DTCP approved land on Chennai Suburb and i want to construct a house with built up area of 1482 sqft (GF+1 villa type for self occupation). When approached a builder, he calculated service tax as follows:

[Built up area+ Building plan approval+ EB charges+ Compund wall+ Extra filling work] *40%*15%

Is it true that service tax will be calculated @ 40%*15% from the components mentioned above. If not, how should the actual calculation should be.

Thanks in advance.
Profile Image

CA Suresh Jain

Profile Image

CA Suresh Jain (Expert)
18 January 2017 Service Tax is not applicable on construction of single self contained residential unit. Please refer Notification 25/2012
Profile Image

Mayur

Profile Image

Mayur (Expert)
18 January 2017 Agree with Mrs. N Jain.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details