Service tax for construction of a house in owned land

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Anandakrishnan (Querist)
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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.

CA Suresh Jain

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

Mayur

Mayur (Expert)
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18 January 2017 Agree with Mrs. N Jain.

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