Service tax applicable on purchase of new flat property

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Asst. Manager
29 Points Posted on 27 June 2016
Dear Sir, Please give me details of Service Tax Applicable on purchase of new flat property. Regards Sanjay Wagh
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On 27 June 2016 at 10:11 Report
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Business Consultants
2077 Points Posted on 27 June 2016

Hello,

 

If property is purchased while it is under construction then service tax will be applicable. @ 4.5 % from 01-06-2016

But if purchased after fully complete and after issuance of certificate of completion then no Service tax

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On 27 June 2016 at 12:30

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