Service tax on construction residential complexes

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Simhachalam (Querist)
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09 January 2012 Dear Experters,

I Know that more than 12 unit is appliacable service tax. In this case (Bilider share + Land lord share is 50:50 share) No of flats are 7+7 total 14 flats now attracet Service tax?

Please guide me

VIPIN KUTUMBALE

VIPIN KUTUMBALE (Expert)
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09 January 2012 Please note that we have to see the construction approval plan , if it is for more than 12 units than we have to think various other cluase , as payment is received during or before the complition of service/flats, if yes than service tax will attract, now we have to see , how did you make arrangement is there partnership or developmen agreement, there are lot many things we have to consider before appling to service tax

Simhachalam

Simhachalam (Querist)
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10 January 2012 Thank you sir

this is partnership firm and made development agreement between land lord and builder(50:50 share) and they approved plan in no of flats 14.

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