Service Tax on Builders

This query is : Resolved

Shikha Sharma (Querist)
Follow

27 August 2009 Is Service Tax applicable on builders / developers constructing building for commercial use, as the service tax circular regarding service tax on builders only specifies residential complex..

SARATHY RP

SARATHY RP (Expert)
Follow

28 August 2009 Dear Sharma,

The Builder is executing works contract of building a new civil structure for commercial purposes. Hence he is liable to pay VAT for the transfer of materials. Thus the builder is satisfying both the conditions for WORKS CONTRACTS SERVICES.

Such construction activity is taxable under the cateogry WORKS CONTRACTS SERVICES.

Thanks.

Sarathy

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Shantaveeresh Manur

AJAY Kumar Agrawal

RATI MALU

ASHOK KUMAR TEKURU

RISHI LATTA

Subscribe Now

Service Tax on Builders

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

GST CONSULTANT

GST CONSULTANCY

Accountant

Manager- Finance and Compliance

CA Final