Service tax laibility on self constructed flat

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 April 2015 We are a group of friends, numbering Ten who have purchased land , registered in the name of all the members, by a single deed.We have constructed resedential flats,a five floor structure, on our own for self occupancy, without utilising services of any outside builder.
We have purchased material, hired labour and constructed flats on our own. We have not formed any formal association for the purpose.

Is service tax payable on the flats. If so what is the rate and basis? can any expert kindly clarify.

Thanks in anticipation.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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20 April 2015 As the services of out side builder is not utilized no service tax payable. Moreover each individual self constructed one flat for self occupancy.

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