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St on commercial complex

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 October 2015 Dear experts
We are builders, we have made commercial complex for office purchase, plz clarify the levy of ST on commercial complex,

Regard
Amit sharma
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 October 2015 Service tax of 14% payable on 40% value excluding land value.
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Querist : Anonymous

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Querist : Anonymous (Querist)
29 October 2015 Dear sir, the basic cost of shop is 17 lacs, including land, weather 5.6% ST will be payable on 17 lacs, then how to calculate the land cost for levy of ST & vat,
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