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Applicability of service tax - sale/ Instalment sale /lease / renting of houses, Service Tax |
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Applicability of service tax - sale/ Instalment sale /lease / renting of houses |
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Is sale/ Instalment sale /lease / renting of houses by HOUSING BOARDS liable for service tax ?. Are other services provided by the Boards are also liable for service tax? ( Laying of internal roads/ developing projects on behalf of the Government) If Yes,Pl advise the date of notification no and date of its being in effect ? Any exemption provided under any bye law to any category of Houses (sales made to Low Income group/ Economically Weaker Section/ Labor or slum dwellers rehabiltaion programmes)
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As on date there is no service tax on the activity of sale / lease / rending of houses. The other activities mentiioned in the query may or may not be taxable subject to the facts and circumstances.
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