Service tax on residential premises

Queries 496 views 1 replies

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?

 

Replies (1)

Each payment shall bear proportionate service tax.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register