Service tax on purchase of property

Hello!!! I have 1 query regarding service tax applicability... I had purchased a flat from builder the construction of which is completed just 2 months ago. so did i also have to pay service tax because service tax is applicable for under construction property and the flat i purchased is not under construction. please do ASAP..
Replies (4)

If you have paid some advance earlier, then service tax has to be paid. Service tax is not payable where the entire consideration is paid by the buyer after issuance of completion-certificate by the competent authority. 

Agreed with Mr. Mayur.

Okay....thank you Mr. Mayur and Ravi.

so i will have to conffirm that wether the completion certificate has been isued or not,right?

 

Yes, you need to verify whether such certificate has been issued prior or later to payment of consideration.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details