Twice payment of service tax
This query is : Resolved
03 April 2013
Hello Sir,
i have a case in which client is a real estate developer building housing complex. It used to collect advance against booking of flat from the customer and liable to pay service Tax. the issue is that if the present customer cancel the booking of flat and the new customer booked the same flat then what are implications of service tax on new booking. Is the client is liable for service tax?
i have a case in which client is a real estate developer building housing complex. It used to collect advance against booking of flat from the customer and liable to pay service Tax. the issue is that if the present customer cancel the booking of flat and the new customer booked the same flat then what are implications of service tax on new booking. Is the client is liable for service tax?
03 April 2013
In case, you refund the total amount on cancellation of Flat you are eligible for recredit of Cenvat paid. Charge ST from your new customer and pay it through your cenvat. In other words the ST already paid will be adjusted for ST on new booking. Pl. ensure that you file your return correctly for that period.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Price inclusive or exclusive of GST while made entry in P& L Account
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- Change Of Karta In Case of Death
- GST Intimation due to Government took possession of Business Premises under PPE Act
- Tax rate change regarding
- UDIN ISSUE
- TDS on purchase of under construction property from a reseller
- Non filing of I T Returns
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
