Service tax for selling flat
Querist : Anonymous
i am builders, i have made some flat. i want to know. should i charge ST on selling flat or not........
regard
subham raghav
Querist : Anonymous
yes in under construction. suppose the flat worth is rs 50 lacs the customer usually given advance when the flat is under construction...
as per my above query plz tell me how much ST should i charge and will it cover reverse charges...
Querist : Anonymous
(1) i have not taken contract for construct the flat. despite that i will charge ST on under construction flat (if received the payment from customer)
(2)you have earlier reply if i am selling complete flat then no ST will be applicable. but if the customer has booked the flat under construction why ST tax is applicable if the customer has booked the flat under construction after completing the flat he will pay the exact value of flat not more...
2 As per service tax provisions service tax applicable on under construction flats.
Click here to login now
Similar Resolved Queries
- House Property Reporting in ITR
- TDS Claim year
- Supply through E-commerce Operators
- Rent lease agreement
- Relief u/s Section 89
- TDS Challan Code
- GST ON DAMAGED GOODS
- Agriculture income or business income
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- STCG on ETF gold & silver
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
