Dear Sir,
I have booked a flat in 2010, I have paid 90% so far, which includes 4.12% service tax, Now i should pay 4.94% on balance 10% or 4.94% for entier 100%? pls clarify.
Thanks & Regards
S.R.Prakash
9884596627
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4.94% service tax applicable from?
Replies (2)
Only on balance 10%
It appears that your builder is paying Service Tax on wrong head, i.e. work contract service. If he pays the service tax in correct heading, i.e. Construction of Residential Complex Service he would have paid Service Tax @ 2.575% earlier and 3.09% after 01.04.2012. Please check it with him and ask him to charge correct amount of tax.
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