Service tax on purchase of flat

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..... I have booked the Appartment in March 2008 and i have taken positions of the Appartment in October 2009. Total Cost of the Appartment is Rs.32 Lakhs. Total appartments is 214. Now I like to know from you that whether i am eligible for the relief of Service TAx under Circular N0.108 dt 29.01.2009. Now the Builder is insisting me to pay the service which he has already paid before 29.01.2009 to t .....

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..... he Government. I have purchased the undivided portion of the land and i have entered into the construction agreement. The payment are made in installments only. Please Advise whether i am liable to pay any service tax on purchase of this Flat. - Reply By Vartik Choksi - The Reply = As mentioned by you that you have purchased undevided shares in land and have entered in to construction agreeemnt,r .....

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..... elief of that circular is not available to you provided a stand is taken and approved by an authority that the conjstruction was for personal use as defined in Resi.complex. dinesh bhavsar 98241 62516 - Reply By Surender Gupta - The Reply = Though you may not take the benefit the circular but since the overall nature of the property is of development by a builder, the same was not taxable prior .....

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..... to amendment made by the Finance Act, 2010. Therefore instead of ciruclar no. 108/2009 you may take the shelter of amendment made in 2010 finance act. - Service tax on purchase of flat - Query Started By: - KRISHNAMOORTHY GOVINDA REDDY Dated:- 28-5-2010 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management Ind .....

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..... ia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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