If A (Land Owner) enters into an agreement with B (Builder/Developer), according to which B develops a colony & incurrs all expenses for construction & development of that colony, in consideration of which B receives 40% of the sales value. At the time of sale, both A & B will have to sign the sale agreement. Now, in this case what will be the treatment of following:
1- On what value of consideration is B liable for ST?, Who will be the Service Receiver for B?
2- Whether A is also liable for Service Tax? If yes, then under which category of Service Tax?
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