Service tax on builders and developers
Anil Pandav (CA ASPIRANT ) (31 Points)
29 January 2016Anil Pandav (CA ASPIRANT ) (31 Points)
29 January 2016
Anil Pandav
(CA ASPIRANT )
(31 Points)
Replied 29 January 2016
ok.. Will it be liable for VAT? and if yes then It will come under the definition of works contract.
CA SHRAVANA DOTA
(ACA)
(125 Points)
Replied 30 January 2016
If you are planning to avail abatement of 70/75 % (as applicable) by including value of land as part of your consideration, you shall register under Construction of Residential Complex services.