Service tax on residential and commercial construction

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M M Vaghlea (Querist)
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10 August 2015 Dear sir/madam

i have a query regarding abatement rate to be used for computing service tax vale.

The query is which abatement rate should i use for service tax computation in case of residential and commercial construction service if service is provided with material and without material in both case if value of land is included and value of land is not included...

thanks and regards

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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10 August 2015 If no material is included no abatement. For commercial construction the abatement is 60%. For residential construction the abatement is 75% where the carpet area is less than 2000 sqft and value is less than 1 crore and land is included. The abatement is 70% in other residential construction.

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