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srevice tax for devolopers

This query is : Resolved 
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(Querist)
15 October 2008 I AM AN OWNER OF A PROPERTY AND I HAVE APPOINTED A PVT LTD CO TO DEVOLOP A COMPLEX .MY QUESTION IS WHEATHER SERVICE TAX IS LEVIABLE WHEN:
1) I AM A SHARE HOLDER OF THAT CO
2) I AM NOT RELATED TO THIS COMPANY?
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CMA Jitendra Singh

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CMA Jitendra Singh (Expert)
15 October 2008 Yor question explains

1.You are owner of Land

2.You appointed developer to undertake construction job + marketing of flats

3.You are suppose to pay ST to developer

Only wayout looks you sale your land to developer company and receive share capital of that much amount by that way Service TAx can only be managed.Otherwise You have to pay Service TAx
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