Announcement

Collapse
No announcement yet.

Service Tax

Collapse
X
Collapse

Service Tax

Last updated: October 30 2012
5 | Posts
1053 | Views
  • Time
  • Show
Clear All
new posts

  • Service Tax

    Hello Frnds,

    I have booked a flat in Greater Noida and builder had calculated Service Tax as follows:

    BSP - 3.09 %
    Floor PLC/EDC/IDC/Power Bkup/Car Parking/Club - 12.36%

    Only Lease Rent and IFMS is excluded from ST.

    I am not sure if the ST has been calculated fairly.

    Can some one put more light on this.

    Thanks,
    -Amit Asthana
  • #2

    #2

    Re : Service Tax

    hi,
    ST as per particulars are correct but to reduce tax builders add all cost i.e BSP+Floor PLC/EDC/IDC/Power Bkup/Car Parking/Club then apply ST of 3.09%.
    Ask him to do calculation this way only.

    Comment

    • #3

      #3

      Re : Service Tax

      car parking - 3.09%

      Comment

      • #4

        #4

        Re : Service Tax

        Brothers,
        It is only possible when builder will calculate the price of flat as all inclusive (BSP+bla+bla+bla.....). so u will be charged 3.09% on all the money.

        Otherpart,
        In that case all the part payment amount will increase due to increase in total price.


        Hope it is clear to you.

        Comment

        • #5

          #5

          Re : Service Tax

          Planner bhai

          thanx for clarifying this point.
          calculation of both way having big diffrence in amount of ST.

          Comment

          • #6

            #6

            Re : Service Tax

            Originally posted by ndmsdq View Post
            Planner bhai

            thanx for clarifying this point.
            calculation of both way having big diffrence in amount of ST.

            But if you will like to have consolidated price with 3.09% ST then our payment plan will ask more money, unless builder agree to take the less payment.

            Comment

            Have any questions or thoughts about this?
            Working...
            X