Service tax on flat booking in under construction building
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 October 2012
Request you to kindly confirm if customer booked flat in under construction building & he is a investor than service tax need to be collected or not on advance received.
CA Ayush Agarwal
(Expert)
20 October 2012
Yes, Service Tax is Chargeable after 75% Abatement.
It Doesnt Matter Whether Customer is Investor or Direct User.
It Doesnt Matter Whether Customer is Investor or Direct User.
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