If a Builder sale only plots in a colony devloped by him to the buyer (Hpuse hold) what is applicabilty of service tax and VAT on it.
parvesh garg (Student CA / Articleship) (100 Points)
09 August 2016If a Builder sale only plots in a colony devloped by him to the buyer (Hpuse hold) what is applicabilty of service tax and VAT on it.
Gagan Deep Singh
(CHARTERED ACCOUNTANT)
(1190 Points)
Replied 11 August 2016
No service tax will be applicable on sale of plots as far as VAT is concerned you need to refer particular state VAT where plot is located.
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