Hi,
Currently the Service tax notification is yet to passed in the parliment and will happen in July. Only then it will be clear as to when it will be applied. This is a tax on the service (apprently) by the builders. Builders are right in passing this on to the buyers. The builder has to just collect the money and pass it on to the government.
I know it sucks and yes it is not something we want.. Nobody is clear and the builder should not ask or demand for any money towards service tax now and has to wait for the notification from the government.
Builders are already going ahead and demanding money which is not correct in my opinion but I am just a common man
Regards
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