Sir , if one builder/developer construct one G+lV st.building,on which ground floor he make some shop for selling of glossary items to fullfil daily needs of local people.Plan sanctioned from local authority, but no completion certificate has been issued till the time of sale.at the time of sale of those shop what percentage of service tax he charge from customer?Is this service taxable under " construction of commercial complex" or under " construction of residential complex"? If it is fail under the catagory of commercial service, any abartment available under service tax? As the service provider does not segrigrate labour & materials to construct those shop.
Menu
Service tax on new service & rare
Replies (1)
Please provide solution that abatement given is sl.No .12 of n/n 26/2012-ST is also applicable in construction of commercial property ?I.e. builder can charged 14.5% of 30% value of shop at the time of sale?
Recent Topic
- Reporting STCG on non equity oriented MF
- Section 54F exemption for buying a plot
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
Related Topics
CAclubindia
