Urgent -service tax on construction

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Mantu Agarwal (Querist)
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07 January 2013 Dear Expert,
Suppose a an individual Builder is going to construct a residential complex and taking money as advance booking from proposed owner of flat.

In that case from which point service tax will be applicable whether at the from 1st advance money taken or after reaching of Rs 10 lakhs.

Thanking You,

Please solve its very urgent

Vishakha Kejriwal.

Vishakha Kejriwal. (Expert)
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09 January 2013 The service tax would be applicable on the amount received after reaching Rs.10 lakhs. This is presuming you are providing no other taxable services.

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