Urgent help !!!!

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Good Morning to all...

I am Ranbir kejriwal and I am a real estate agent. Now I am planning to develope a website for dealing in house property in buying, selling and renting in my city.

I now need to know what kind statutory requirements do i have to follow, like, do I have to register for service tax or do i have to obtain any kind license regarding this?

 

And I am also entering into commission agreement with various builders so it would be great help to me if somebody can provide me any such draft agreement.

 

Thank you in advance to all. Have a great day.

Replies (1)

The liability to register for service tax will arise once when you completed providing services worth 9 lakhs and then you need to register and have to start collecting service tax once you crossed the exempted limit of Rs. 10 lakhs. After this occur once, you have to collect the service tax for each penny you earned.

 

So there is no need or responsibility for you to register for service tax. But if you want to, you still cansmiley


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