Service tax on real estate

Dear All,

after new notification 6th June ...plz tell me real estate will be covered under works contract ? what rate applicable

can we take credit for input services like we received bill from contractor and he charge 4.944% service tax under composition scheme. plz suggest what to do ...and from ist july what rate should be charged from customer on collection.

 

tks

jitendra

 

Replies (1)

Hi

plz also tell me suppose if do agreement that we will charge actual expenses as a reimbursement suppose we have done expenditure on consultancy, site exp, other overheads and we have divided proportniate on area and accordingly raised debit note. should we charge service tax on it or it is exempt because this is actual reimbursement not a consideration or profit .

plz suggest

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