Service tax on flat purchase from builder

Queries 499 views 1 replies

I have a below scenario:

Flat booked with builder in Dec -13 with 30% payment. Paid 3.09% service tax on the amount paid. The project completion certificate (CC) not received at the time of booking.

But the CC received in Jan-2014. Paid to the builder 70% of balance amount after the CC was received . Registered the flat after the CC was received. Do we need to pay service tax on 70% amount paid?

Please advise.

 

 

Replies (1)

You need to pay service tax on all the installments(before as well as after CC), since the booking of flat was made bedore issuance of CC.


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