Tax implications of construction service


Rajat Agrawal (Article)     08 March 2013

Rajat Agrawal
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Dear CCI Friends,

I want to know the service tax implications on construction service where the builder, contractor and a customer is involved in a transaction.

Please help me clear my doubts on this.

Thanking in advance smiley

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Giridhar S Karandikar (Team Lead)     08 March 2013

Giridhar S Karandikar
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If you are purchasing a flat from a builder after receiving the completion certificate then you are not at all liable to pay ST to teh builder.  However if you have purchase a under construction flat and are paying advances to the builder then you would be liable to pay ST to the builder.

However if you have hired a contractor/builder on your own to construct a flat/plot/bungalow for yourself then in this case there would not be any ST liability because you are constructing the premises for yourself and is not for sale.

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Rajat Agrawal (Article)     09 March 2013

Rajat Agrawal
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Thank you smiley


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