Dear Sir/ Madam,
I come to know that service tax is not applicable on construction of single villa (in terms of Item No. 14 of the mega notification 25/2012-ST dated 20.06.2012).
We are registered company under works contract in Karnataka we developed total 350plots and sold. After we did agreement for construction of residential units with each costumer.
In this case
ST Exemption is available?
The input credit available during executing the project can we consider for other project of our company?
CAclubindia
