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.
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