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Service tax
Sir,
I purchased a under construction house in Dec. Last year. I am getting possession if it this month. The builder is charging service tax of 14% on the security deposit. He is taking the cheque in name of co orporative society.
Pl let me know if service tax is applicable on security deposit.
Also if there is any notification available on it.
Pl help
Replies (1)
If security is refundable then no service tax applicable ,bt if not then applicable
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