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?
Each payment shall bear proportionate service tax.
Saini Pati Shah & Co LLP, Chartered Accountants
Mumbai
CA Final
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Arpan Bohra & Co
Hyderabad
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Krea University
Chennai
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ADY & CO.
New Delhi
Graduate (Any)
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CAclubindia
