Service tax rate
This query is : Resolved
RAKESH A PATEKAR
(Querist)
16 June 2017
Sir/Madam,
I want to know rate of Service Tax to be in the following case:
1) Purchase of Immoveable Property?
2) Sale of Immoveable Property?
What will be the implications of the above after GST Implications i.e Rate under GST?
Regards,
Rakesh
I want to know rate of Service Tax to be in the following case:
1) Purchase of Immoveable Property?
2) Sale of Immoveable Property?
What will be the implications of the above after GST Implications i.e Rate under GST?
Regards,
Rakesh
CA R SEETHARAMAN
(Expert)
16 June 2017
1 No service tax or GST payable on purchase or sale of immovable property.
2 Service tax(15% on 30% value) or GST(12%) payable on purchase of house/property under construction.
2 Service tax(15% on 30% value) or GST(12%) payable on purchase of house/property under construction.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- TDS on Fixed Assets purchased
- Under marginal scheme
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- GST on Renting godown to KFCSC for Storage of Raagi
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Oct 2025 Invoices
- Non filing of I T Returns
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
