TMI BlogBUILDER OF APARTMENTX X X X Extracts X X X X X X X X Extracts X X X X ..... BUILDER OF APARTMENT X X X X Extracts X X X X X X X X Extracts X X X X ..... what is the status of a builder who is selling the flats in apartment. is there any exemption ( earlier I know that if no of flats does not exceed 12 no service tax is applicable) with regards Rep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ly By Ganeshan Kalyani: The Reply: Service tax is liable if the consideration is received before the completion certificate is received. Further exemption is only for single residential house. Reply B ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y KASTURI SETHI: The Reply: Sh.Vemula Chandrasekhar must be satisfied with the reply dated 4.12.15 of Sh.Ganeshan Kalyani Sir. Reply By VEMULA CHANDRASEKHAR: The Reply: SIR NOT CLEAR. PLEASE EXPLAI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... N IN DETAIL. Reply By MARIAPPAN GOVINDARAJAN: The Reply: The builder in this case has no exemption from service tax since it is applicable to only for single residence. Service tax is to be levied o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n the sales of flats by the builders.
Reply By Ganeshan Kalyani:
The Reply:
After abatement service tax is applicable on 30% of value of contract price. X X X X Extracts X X X X X X X X Extracts X X X X
|