St on construction of flat

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 April 2016 Dear Experts,
We have taken construction contract of flat. Plz let me know while issuing the invoice
To service receiver how much ST would be charged... however
some CA has advised that you Need to
pay ST on 40% portion and some CA has advised
That you Need to pay ST on 25% portion if carpet area of flat is 2000 SF,

If any experts dealing such cases practically are requested to claify my confussion
Between both percentage

Thanx & Regard
Vibhav Yadav

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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02 April 2016 You have taken construction contract of flats so you have to charge service tax on 40% portion. ST on 25% portion is applicable to buyers of the flat from developers.

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