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Service tax on covered car parking
April 11 2012 , 09:58 AM   #1
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Service tax on covered car parking

The builder is demanding for the service tax on covered car parking. Looks like there are some changes in the service tax norms which are impacting the buyers with retrospective affect.
Do we have other buyers/investors as well in the forum who have been asked to shell out extra money for the service tax in lieu of the car parking?
Anyone with legal or tax understanding in the forum, please comment on this new demand from the builder to the buyers who have already purchased the unit about 1 or 2 years in advance.
Logically it should not be applicable to those buyers at all.
April 12 2012 , 03:48 PM   #2
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guys, 110 views and not a single comment. I am just sharing this information and asking for your views, If something like is happening in your projects as well?
April 12 2012 , 04:37 PM   #3
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As per my information there is no service tax on covered car parking.....
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April 12 2012 , 06:35 PM   #4
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Till now, there is no additional service tax of 10.2 percent on covered car parking. Earlier I have confirmed the same thing with my builder.
August 14 2012 , 04:26 PM   #5
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last week, my builder has also demanded for the service tax on covered cark parking. it will be calculated as 3.09% on total parking amt.

Anybody has paid service tax on parking amt so far... kindly suggest.



Quote:
Originally Posted by smart111
The builder is demanding for the service tax on covered car parking. Looks like there are some changes in the service tax norms which are impacting the buyers with retrospective affect.
Do we have other buyers/investors as well in the forum who have been asked to shell out extra money for the service tax in lieu of the car parking?
Anyone with legal or tax understanding in the forum, please comment on this new demand from the builder to the buyers who have already purchased the unit about 1 or 2 years in advance.
Logically it should not be applicable to those buyers at all.
August 16 2012 , 03:22 PM   #6
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Quote:
Originally Posted by bhawaan
last week, my builder has also demanded for the service tax on covered cark parking. it will be calculated as 3.09% on total parking amt.

Anybody has paid service tax on parking amt so far... kindly suggest.
Would you mind sharing the name of the builder and the amount being asked by him?
August 16 2012 , 03:41 PM   #7
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There should not be any service tax on car parking.
3.09% service tax can be levied only on BSP.
Rest of the charges like PLC, EDC, IDC, etc are levied with 10.2% service tax.
Car Parking is always free from any tax.
August 16 2012 , 03:46 PM   #8
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I never seen any service tax on car parking... neither my builder charged anything...
August 16 2012 , 04:29 PM   #9
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Prateek Laurel started charging service tax for covered car parking 3.09% and power backup 12.36%.As per them there has been a new rule published for service tax by the government. I Am not quite sure about whether it's correct or not, but this is the explanation received.
August 16 2012 , 04:30 PM   #10
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Quote:
Originally Posted by fritolay_ps
I never seen any service tax on car parking... neither my builder charged anything...
If you see the current service tax list is being changed from positive to negatives which means whatever is not taxed will be made known to people now.
I think this could have been the logic for taxing the car parking but not sure if it is legal or not. Senior members please comment. Even my builder sent me a mail long back but then I didn't respond and so far there is no further communication from them.
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