Whether in procurement of orders and arranging payment for Construction of Houses is real estate agent’s service?

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..... Whether in procurement of orders and arranging payment for Construction of Houses is real estate agent’s service?
News and Press Release
Dated:- 8-8-2007

The meaning of "real estate agen .....

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..... t" has been provided u/s 65(88) [old u/s 65(73)] and the meaning of "real estate consultant" has been provided u/s 65(89) [old u/s 65(74] of the Chapter V of the Finance Act, 1994. In terms of these .....

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..... definitions, a question was raised before the honorable tribunal that whether in procurement of orders and arranging payment for Construction of Houses is real estate agent's service, in the matter of .....

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..... M/s INDUS TUBES LIMITED Versus COMMISSIONER OF C. EX., GHAZIABAD v. 2007 -TMI - 1453 - CESTAT, NEW DELHI. In this case, honorable tribunal has held that the procurement of orders and arranging paym .....

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..... ent for construction of houses is a service of "real estate agent" and hence liable to service tax. Also see: Ready Reckoner on Taxable Services - "Real Estate Agent"
News - Press release - PIB .....

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