service tax on builders, Service Tax

[parasa venkata rao]

whether exemption is available for below 12 apartments

Posts / Replies

[Sucheta Agrawal]

Dear Mr. Rao,

you forget to paste the name of 12 apartments

 

[Sucheta Agrawal]

Sorry dear Mr. Rao,

actually there was some mistake on my part to understand your query. Now i will try to reply soon  

[Sucheta Agrawal]

Dear Mr. Rao,

if below 12 apartments constructed for residential purpose then exempt from service tax view. it is specifically mentioned in -

Meaning of Residential complex - 65(91a)

"residential complex" means any complex comprising of—

(i) a building or buildings, having more than twelve residential units;

(ii) a common area; and

( iii) any one or more of facilities or services such as park, lift, parking space, community hall, common water supply or effluent treatment system, located within a premises and the layout of such premises is approved by an authority under any law for the time being in force, but does not include a complex which is constructed by a person directly engaging any other person for designing or planning of the layout, and the construction of such complex is intended for personal use as residence by such person.