Service Tax on Immovable priperties
This query is : Resolved
15 July 2010
In the Budget 2010, retrospective effect was given for collecting/payment of service tax on immovable properties.
On May 18 2010, an appeal was filed by Delhi High Court challanging the law.
Accordingly, Stay Order is passed regarding collecting/payment of Service tax on immovable properties.
Now,what should be done? should we collect/pay Service tax? Please guide.
On May 18 2010, an appeal was filed by Delhi High Court challanging the law.
Accordingly, Stay Order is passed regarding collecting/payment of Service tax on immovable properties.
Now,what should be done? should we collect/pay Service tax? Please guide.
15 July 2010
As per law ST is to be collected and paid to govt. But the matter is now under sub judice of Supreme Court.
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