Service tax libility
This query is : Resolved
Wadkar Vishal
(Querist)
16 August 2013
A public charitable trust (registered) has purchased office in residential bldg which is redeveloped & made payment as under:-
1) Rs. 4, 00,000/- on 08.02.2012
2) Rs. 7, 00,000/- on 22.02.2012
3) Rs. 11, 00,000/- on 01.03.2013
==============
Total 22, 00,000 purchase value as per agreement registered on 01.03.2013.
Whether service tax is chargeable? How much?
1) Rs. 4, 00,000/- on 08.02.2012
2) Rs. 7, 00,000/- on 22.02.2012
3) Rs. 11, 00,000/- on 01.03.2013
==============
Total 22, 00,000 purchase value as per agreement registered on 01.03.2013.
Whether service tax is chargeable? How much?
16 August 2013
there is no service tax liability in case of residential bldg is purchased.
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