22 January 2016
Dear Experts A real estate company is charging ST on 25% value of land & construction of flat however the other charge is as below under.
(1) PLC charges (2) covered parking charges (3)EDC (external development charges) (4) IDC (internal development charges) (5) one time power backup charges,
Query.. i have stated 5 point above plzz clarify weather ST is applicable on all above 5 point or not if yes how much plzz solve it one by one..
22 January 2016
but sir my CA has said No ST is applicable on one time power backup charges and parking charges however if EDC and IDC charges paid to anu statutory authority Then No ST on EDC and IDC also.
plz clarify....