I want know rate of service tax on real estate residential & commercial both.
Suresh Chauhan
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Service Tax on Real Estate company
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More details required to give proper answer.
Present rate is 10.3% on activities liable for ST. The material cost couldbe deducted under Not 12/2003 or one could opt for the compsoitin shceme of 4.12% on gross value.
| Originally posted by : Suresh Chauhan | ||
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I want know rate of service tax on real estate residential & commercial both. Suresh Chauhan |
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What is the value of Real-Estate commissions (FY 2010-11) received, on which the Service Tax becomes taxable.
"Valuation of Taxable Services for charging service tax" on real estate commissions received as an agent, as applicable for FY 2010-11 ending March-2011.
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