Service Tax on Purchase of residential flat
This query is : Resolved
19 July 2010
I hav purchased a residential flat at Virar and agreement is registered on 06/03/2010. I made 75% payment before 01st July, 2010 and obtained Bank loan for balance 25% payment & said payment was paid to the builder on 03/07/2010
Whether i am liable to pay service tax and what is the effective date for levy of service tax?
Whether i am liable to pay service tax and what is the effective date for levy of service tax?
CMA Ramesh Krishnan
(Expert)
08 August 2010
Constricton up to 12 residential flats are exempted under ST. so based on the builder as end user need to pay ST.
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