Indian Real Estate Forum - www.indianrealestateforum.com - View Single Post - Service Tax on Under Construction Flat booking

ajoshi565 · 24-08-10

One important point in the discussion on Service Tax: (If & when it becomes payable):
The Service Tax is payable only for a "Residential Complex" - A complex being defined (in CBEC Notification) as Building with more than 12 residential units. So - incase you are buying a flat in a building with 12 or less flats - NO SERVICE TAX IS PAYABLE? Is this correct?

24-08-10	#279
ajoshi565 New Member Join Date: Apr 2010 Posts: 31 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts	Service Tax One important point in the discussion on Service Tax: (If & when it becomes payable): The Service Tax is payable only for a "Residential Complex" - A complex being defined (in CBEC Notification) as Building with more than 12 residential units. So - incase you are buying a flat in a building with 12 or less flats - NO SERVICE TAX IS PAYABLE? Is this correct? Last edited by ajoshi565; 24-08-10 at 04:37 PM.