Service tax on residential premises

Nilesh Parab (Article) (24 Points)

09 February 2012  

Dear Friends

I am purchasing a residential flat in mumbai

Flat agreement value :- Rs. 30,00.000/- plus service tax.Rs.77,250/- (total Vale Ts. 30,77,250/-)

This amunt is payable in three instalments first two instalments are of rs. 10 lacs each & balnace on third.

 

Please advice how the  builder will  adjust the service tax

Ether it is upfront or in threee instalments?